Short Interest in TROOPS, Inc. (NASDAQ:TROO) Expands By 55.4%

TROOPS, Inc. (NASDAQ:TROO) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 98,700 shares, an increase of 55.4% from the November 30th total of 63,500 shares. Based on an average daily trading volume, of 24,900 shares, the days-to-cover ratio is presently 4.0 days. Approximately 0.2% of the shares of the company are sold short.

TROOPS Stock Performance

NASDAQ TROO traded down $0.05 during trading hours on Friday, hitting $1.75. 7,051 shares of the company’s stock traded hands, compared to its average volume of 91,654. TROOPS has a 52 week low of $0.73 and a 52 week high of $4.89. The business’s fifty day moving average price is $1.94 and its two-hundred day moving average price is $2.76.

TROOPS Company Profile

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.