Taboola.com Ltd. (NASDAQ:TBLAW) Short Interest Update

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

Taboola.com Price Performance

Shares of TBLAW traded down $0.00 during mid-day trading on Friday, hitting $0.01. 3,040 shares of the company’s stock traded hands, compared to its average volume of 23,230. The business’s 50-day moving average price is $0.01 and its 200-day moving average price is $0.05. Taboola.com has a 1 year low of $0.01 and a 1 year high of $0.24.

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.