Intrum AB (publ) (OTCMKTS:ITJTY) Short Interest Down 40.8% in July

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

Intrum AB (publ) Stock Performance

ITJTY opened at $0.24 on Thursday. Intrum AB has a 1 year low of $0.24 and a 1 year high of $7.56. The stock’s 50 day simple moving average is $1.67 and its 200-day simple moving average is $3.39.

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.