Taboola.com Ltd. (NASDAQ:TBLAW) Short Interest Up 316.3% in April

Taboola.com Ltd. (NASDAQ:TBLAW) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 3,984 shares, a growth of 316.3% from the April 15th total of 957 shares. Based on an average daily trading volume, of 2,645 shares, the short-interest ratio is presently 1.5 days.

Taboola.com Stock Performance

TBLAW remained flat at $0.01 during trading hours on Wednesday. The company had a trading volume of 7,908 shares, compared to its average volume of 23,768. Taboola.com has a 52 week low of $0.01 and a 52 week high of $0.24. The firm’s 50-day simple moving average is $0.01 and its two-hundred day simple moving average is $0.05.

About Taboola.com

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.