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

Intrum AB (publ) (OTCMKTS:ITJTY) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 2,592 shares, an increase of 140.2% from the February 12th total of 1,079 shares. Based on an average trading volume of 408 shares, the short-interest ratio is presently 6.4 days. Based on an average trading volume of 408 shares, the short-interest ratio is presently 6.4 days.

Intrum AB (publ) Stock Performance

ITJTY opened at $4.25 on Friday. The stock has a 50-day moving average of $4.89 and a 200 day moving average of $4.75. Intrum AB has a 12 month low of $2.50 and a 12 month 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.