Truworths International Limited (OTCMKTS:TRWKF) Sees Large Drop in Short Interest

Truworths International Limited (OTCMKTS:TRWKF) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 51,907 shares, a drop of 62.3% from the April 30th total of 137,779 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Truworths International Stock Performance

TRWKF stock remained flat at $4.20 during midday trading on Friday. The stock has a fifty day moving average price of $4.20 and a 200 day moving average price of $4.20. Truworths International has a one year low of $1.75 and a one year high of $4.20.

About Truworths International

Truworths International Limited, an investment holding and management company, engages in the retail of fashion apparel, footwear, and related merchandise and homeware. It operates through Truworths and Office segments. It serves customers in South Africa, the United Kingdom, Germany, the Republic of Ireland, Namibia, Botswana, Swaziland, and other countries through a network of stores, concession outlets, and an ecommerce channel. The company was founded in 1917 and is based in Cape Town, South Africa.