Short Interest in Taboola.com Ltd. (NASDAQ:TBLAW) Declines By 47.2%

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

Taboola.com Stock Down 25.0%

NASDAQ TBLAW traded down $0.00 during trading on Wednesday, reaching $0.01. 11,500 shares of the company traded hands, compared to its average volume of 23,226. Taboola.com has a 1-year low of $0.00 and a 1-year high of $0.24. The stock’s 50 day moving average price is $0.01 and its two-hundred day moving average price is $0.04.

About Taboola.com

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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.

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