TROOPS, Inc. (NASDAQ:TROO) Sees Significant Decrease in Short Interest

TROOPS, Inc. (NASDAQ:TROO) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 42,700 shares, a drop of 44.3% from the January 15th total of 76,700 shares. Based on an average daily volume of 138,400 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

TROOPS Price Performance

NASDAQ TROO opened at $1.48 on Friday. TROOPS has a one year low of $0.73 and a one year high of $4.89. The firm has a 50 day simple moving average of $1.73 and a 200-day simple moving average of $2.55.

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.