TechnoPro Holdings, Inc. (OTCMKTS:TCCPY) Short Interest Down 85.1% in September

Key Points

• TechnoPro Holdings, Inc. saw a significant decrease in short interest, down 85.1% to 4,900 shares as of September 30th.
• Zacks Research downgraded TechnoPro from a "strong-buy" to a "hold" rating, reflecting a shift in market sentiment.
• The company's stock currently has an average rating of "Hold" and is trading at $6.51, with a 12-month low of $3.33 and a high of $6.95.

TechnoPro Holdings, Inc. (OTCMKTS:TCCPY - Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 4,900 shares, a decrease of 85.1% from the September 15th total of 32,900 shares. Based on an average trading volume of 87,100 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 87,100 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Zacks Research cut shares of TechnoPro from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of "Hold".

TechnoPro Trading Up 1.0%

Shares of TCCPY opened at $6.51 on Friday. The business's fifty day simple moving average is $6.51 and its two-hundred day simple moving average is $5.72. TechnoPro has a 12 month low of $3.33 and a 12 month high of $6.95.

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.

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