Intrum AB (publ) (OTCMKTS:ITJTY) Sees Large Growth in Short Interest

Intrum AB (publ) (OTCMKTS:ITJTY) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 2,217 shares, an increase of 29.1% from the November 30th total of 1,717 shares. Based on an average daily trading volume, of 91 shares, the short-interest ratio is currently 24.4 days. Based on an average daily trading volume, of 91 shares, the short-interest ratio is currently 24.4 days.

Intrum AB (publ) Price Performance

Intrum AB (publ) stock opened at $4.10 on Wednesday. The company’s 50-day moving average price is $4.39 and its two-hundred day moving average price is $5.14. Intrum AB has a twelve month low of $2.50 and a twelve month high of $7.56.

Intrum AB (publ) Company Profile

Intrum AB (publ) is a leading European provider of credit management services, helping companies and consumers make sound credit decisions and manage outstanding receivables. The company’s core offerings include debt collection, outsourcing of credit management processes, receivables purchase, credit information and scoring, as well as consultancy on credit risk. Through these services, Intrum assists clients in optimizing cash flow, reducing credit losses and maintaining healthy customer relationships.

Founded through the merger of Intrum Justitia and Lindorff in 2017, Intrum has grown into a pan-European organisation with operations in more than 20 markets.