Taboola.com Ltd. (NASDAQ:TBLAW) Short Interest Down 47.2% in May

Taboola.com Ltd. (NASDAQ:TBLAW) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,102 shares, a decline of 47.2% from the April 30th total of 3,984 shares. Based on an average daily volume of 29,696 shares, the short-interest ratio is currently 0.1 days.

Taboola.com Price Performance

NASDAQ:TBLAW remained flat at $0.01 during mid-day trading on Monday. The company had a trading volume of 20,000 shares, compared to its average volume of 23,547. The firm’s 50 day moving average price is $0.01 and its 200 day moving average price is $0.04. Taboola.com has a 1 year low of $0.00 and a 1 year high of $0.24.

About Taboola.com

Taboola.com (NASDAQ:TBLAW) operates a leading content discovery and native advertising platform designed to drive user engagement and monetization for digital publishers and advertisers. The company’s core offering centers on a recommendation engine that analyzes user behavior and content attributes to serve personalized links to articles, videos and other digital media. By placing sponsored and editorial suggestions in prominent placements on publisher sites and apps, Taboola helps media companies increase pageviews and advertising yield while providing brands with targeted exposure to relevant audiences.

Among Taboola’s product suite are its flagship content recommendation widgets, in-feed experiences such as Taboola Feed, video ad formats and programmatic solutions.