Intrum AB (publ) (OTCMKTS:ITJTY) Short Interest Update

Intrum AB (publ) (OTCMKTS:ITJTY) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 1,019 shares, a drop of 22.6% from the December 31st total of 1,317 shares. Based on an average daily volume of 239 shares, the days-to-cover ratio is presently 4.3 days. Based on an average daily volume of 239 shares, the days-to-cover ratio is presently 4.3 days.

Intrum AB (publ) Stock Performance

Shares of OTCMKTS:ITJTY remained flat at $5.75 during midday trading on Friday. The stock has a 50 day simple moving average of $4.46 and a 200 day simple moving average of $5.02. Intrum AB has a 1 year low of $2.50 and a 1 year high of $7.56.

About Intrum AB (publ)

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.