Intrum AB (publ) (OTCMKTS:ITJTY – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 9,903 shares, a growth of 942.4% from the September 30th total of 950 shares. Based on an average daily trading volume, of 1,931 shares, the short-interest ratio is currently 5.1 days.
Intrum AB (publ) Trading Up 40.6%
Intrum AB (publ) stock opened at $0.25 on Tuesday. Intrum AB has a 12-month low of $0.18 and a 12-month high of $5.75. The firm’s fifty day moving average is $0.47 and its 200 day moving average is $2.48.
Intrum AB (publ) Company Profile
Intrum AB (publ) is a Sweden-based credit management services company that helps businesses and financial institutions manage credit risk and recover outstanding payments. Its services include accounts receivable management, debt collection, credit information, payment services and related advisory solutions. Intrum works with clients across sectors such as banking, financial services, telecommunications, utilities and retail.
The company also acquires and manages portfolios of overdue or non-performing receivables.
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