Intrum AB (publ) (OTCMKTS:ITJTY) Stock Short Interest Jumps 942.4%

Intrum AB (publ) (OTCMKTS:ITJTY) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 9,903 shares, a growth of 942.4% from the September 30th total of 950 shares. Based on an average daily trading volume, of 1,931 shares, the short-interest ratio is presently 5.1 days.

Intrum AB (publ) Trading Up 40.6%

Shares of OTCMKTS ITJTY traded up $0.07 during mid-day trading on Monday, hitting $0.25. 1,575 shares of the company traded hands, compared to its average volume of 2,464. Intrum AB has a 1 year low of $0.18 and a 1 year high of $5.75. The business has a 50 day moving average of $0.47 and a two-hundred day moving average of $2.48.

Intrum AB (publ) Company Profile

Intrum AB (publ) is a Sweden-based credit management services company that helps businesses and financial institutions manage credit risk and recover outstanding payments. Its services include accounts receivable management, debt collection, credit information, payment services and related advisory solutions. Intrum works with clients across sectors such as banking, financial services, telecommunications, utilities and retail.

The company also acquires and manages portfolios of overdue or non-performing receivables.