Short Interest in Intrum AB (publ) (OTCMKTS:ITJTY) Declines By 96.9%

Intrum AB (publ) (OTCMKTS:ITJTYGet Rating) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 200 shares, a drop of 96.9% from the April 30th total of 6,400 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is currently 0.1 days.

Separately, JPMorgan Chase & Co. decreased their price target on shares of Intrum AB (publ) from SEK 310 to SEK 285 in a research report on Wednesday, May 4th.

Shares of ITJTY stock traded up $0.48 on Wednesday, hitting $22.80. 413 shares of the stock traded hands, compared to its average volume of 2,120. Intrum AB has a 52 week low of $21.38 and a 52 week high of $37.79. The firm has a 50 day simple moving average of $25.75 and a two-hundred day simple moving average of $26.62.

Intrum AB (publ) Company Profile (Get Rating)

Intrum AB (publ), together with its subsidiaries, provides credit management and financial services in Europe and internationally. The company offers credit optimization services, including credit monitoring, credit decision, factoring, and credit information services; and debt collection comprising surveillance and purchase services.

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