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

Intrum AB (publ) (OTCMKTS:ITJTY) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 1,136 shares, a drop of 56.2% from the February 26th total of 2,592 shares. Based on an average trading volume of 90 shares, the short-interest ratio is currently 12.6 days.

Intrum AB (publ) Price Performance

OTCMKTS:ITJTY remained flat at $4.05 during trading hours on Friday. Intrum AB has a fifty-two week low of $2.50 and a fifty-two week high of $7.56. The firm’s 50 day simple moving average is $4.80 and its 200 day simple moving average is $4.68.

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.