Short Interest in Intrum AB (publ) (OTCMKTS:ITJTY) Decreases By 40.8%

Intrum AB (publ) (OTCMKTS:ITJTY) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 950 shares, a decrease of 40.8% from the June 30th total of 1,606 shares. Based on an average daily volume of 319 shares, the days-to-cover ratio is presently 3.0 days.

Intrum AB (publ) Stock Performance

OTCMKTS ITJTY opened at $0.24 on Thursday. The company’s fifty day moving average is $1.67 and its two-hundred day moving average is $3.39. Intrum AB has a 52-week low of $0.24 and a 52-week 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.