TROOPS, Inc. (
NASDAQ:TROO -
Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,600,000 shares, anincreaseof10,784.4% from the June 30th total of 14,700 shares. Approximately3.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,650,000 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 1,650,000 shares, the days-to-cover ratio is currently 1.0 days. Approximately3.8% of the shares of the stock are sold short.
TROOPS Stock Performance
Shares of NASDAQ TROO traded down $0.01 during midday trading on Friday, reaching $0.73. 56,987 shares of the company were exchanged, compared to its average volume of 904,134. The stock's 50-day moving average price is $0.77 and its 200-day moving average price is $0.94. TROOPS has a one year low of $0.49 and a one year high of $4.89.
About TROOPS
(
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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.
Further Reading
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