Short Interest in TechnoPro Holdings, Inc. (OTCMKTS:TCCPY) Drops By 54.8%

Key Points

• Short interest in TechnoPro Holdings, Inc. decreased by 54.8% in August, falling to 1,400 shares from 3,100 shares at the end of July.
• The company's stock price increased to $6.57 during trading, with a twelve month low of $3.33 and a high of $6.95.
• Zacks Research downgraded TechnoPro from a "strong-buy" to a "hold" rating as of August 14th, with the overall consensus rating now at "Hold".

TechnoPro Holdings, Inc. (OTCMKTS:TCCPY - Get Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 15th, there was short interest totaling 1,400 shares, adecreaseof54.8% from the July 31st total of 3,100 shares. Based on an average trading volume of 131,000 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 131,000 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Zacks Research lowered TechnoPro from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 14th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold".

TechnoPro Stock Performance

OTCMKTS TCCPY traded down $0.05 during trading hours on Tuesday, hitting $6.57. The company had a trading volume of 9,436 shares, compared to its average volume of 44,266. TechnoPro has a 1-year low of $3.33 and a 1-year high of $6.95. The business has a 50 day moving average of $6.28 and a 200-day moving average of $5.29.

TechnoPro Company Profile

TechnoPro Holdings, Inc, through its subsidiaries, operates as a temporary staffing and contract work company in Japan and internationally. It operates through R&D Outsourcing, Construction Management Outsourcing, Domestic and Other Businesses, and Overseas Businesses segments. The company provides engineer dispatch and contract services in technical fields, such as electronics, embedded control, IT networks, business applications, system maintenance and operation, and biochemistry for various industries including automobiles and auto parts, industrial machinery and equipment, information and communication equipment, electrical and electronic equipment, IT, semiconductors, energy, pharmaceuticals, and chemicals.