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

Intrum AB (publ) (OTCMKTS:ITJTY) saw a significant increase in short interest in 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

Shares of OTCMKTS:ITJTY opened at $4.10 on Wednesday. The business’s 50 day simple moving average is $4.39 and its 200 day simple moving average is $5.14. 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.