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TROOPS, Inc. (NASDAQ:TROO) Sees Significant Decline in Short Interest

TROOPS logo with Multi-Sector Conglomerates background

TROOPS, Inc. (NASDAQ:TROO - Get Free Report) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 75,300 shares, a drop of 23.7% from the December 15th total of 98,700 shares. Based on an average daily trading volume, of 24,700 shares, the short-interest ratio is presently 3.0 days. Currently, 0.2% of the shares of the stock are short sold.

TROOPS Price Performance

Shares of NASDAQ:TROO traded up $0.05 during midday trading on Wednesday, reaching $1.74. 12,021 shares of the company were exchanged, compared to its average volume of 15,013. The business's fifty day moving average is $1.82 and its two-hundred day moving average is $2.78. TROOPS has a one year low of $0.73 and a one year high of $4.89.

TROOPS Company Profile

(Get Free Report)

TROOPS, Inc, together with its subsidiaries, engages in the money lending business in Hong Kong and Australia. The company provides mortgage, personal, and corporate loans; operates online financial marketplace through a platform for money lending, system integration, and consultation services; and invests in real estate properties in Hong Kong.

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