Intrum AB (publ) (OTCMKTS:ITJTY – Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 950 shares, a decline of 90.4% from the October 15th total of 9,903 shares. Based on an average daily trading volume, of 2,105 shares, the days-to-cover ratio is presently 0.5 days.
Intrum AB (publ) Price Performance
Intrum AB (publ) stock opened at $0.30 on Wednesday. The business’s fifty day simple moving average is $0.45 and its two-hundred day simple moving average is $2.23. Intrum AB has a 12 month low of $0.15 and a 12 month high of $5.75.
Intrum AB (publ) Company Profile
Intrum AB (publ) is a Sweden-based credit management services company that helps businesses and financial institutions manage unpaid receivables and improve cash flow. Its services include credit information, invoice and payment services, debt collection, customer communication, and the administration and servicing of non-performing loans. The company also acquires and manages portfolios of overdue or distressed receivables. Through these activities, Intrum works with banks, financial companies, telecommunications providers, utilities, retailers, and other businesses, providing solutions for both early-stage payment issues and longer-term debt recovery.
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