TROOPS, Inc. (NASDAQ:TROO - Get Free Report) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 78,200 shares, an increase of 87.5% from the February 28th total of 41,700 shares. Based on an average daily volume of 215,100 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are sold short.
TROOPS Trading Up 7.5 %
Shares of NASDAQ:TROO traded up $0.06 during trading on Tuesday, hitting $0.81. The stock had a trading volume of 1,514,539 shares, compared to its average volume of 135,747. TROOPS has a 12-month low of $0.73 and a 12-month high of $4.89. The stock has a 50-day simple moving average of $1.30 and a two-hundred day simple moving average of $1.85.
About TROOPS
(
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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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