TROOPS, Inc. (NASDAQ:TROO) Short Interest Up 55.4% in December

TROOPS, Inc. (NASDAQ:TROO) was the target of a significant increase in short interest in 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 volume of 24,900 shares, the days-to-cover ratio is presently 4.0 days. Currently, 0.2% of the company’s stock are short sold.

TROOPS Stock Down 2.8 %

TROOPS stock traded down $0.05 during trading hours on Friday, hitting $1.75. The company had a trading volume of 7,051 shares, compared to its average volume of 91,654. TROOPS has a fifty-two week low of $0.73 and a fifty-two week high of $4.89. The firm’s fifty day moving average is $1.94 and its 200-day moving average is $2.77.

About TROOPS

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.