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

TROOPS, Inc. (NASDAQ:TROOGet Free Report) saw a significant drop in short interest in September. As of September 30th, there was short interest totalling 108,000 shares, a drop of 22.5% from the September 15th total of 139,400 shares. Based on an average daily volume of 68,800 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.2% of the company’s stock are short sold.

TROOPS Stock Up 5.2 %

TROO stock traded up $0.11 during midday trading on Tuesday, reaching $2.23. 7,086 shares of the company were exchanged, compared to its average volume of 107,976. TROOPS has a 1-year low of $0.73 and a 1-year high of $4.89. The stock’s 50-day simple moving average is $3.64 and its 200 day simple moving average is $2.51.

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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