TROOPS, Inc. (NASDAQ:TROO) Short Interest Update

TROOPS, Inc. (NASDAQ:TROO) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 78,200 shares, an increase of 87.5% from the February 28th total of 41,700 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 215,100 shares, the short-interest ratio is currently 0.4 days.

TROOPS Price Performance

TROOPS stock opened at $0.80 on Friday. TROOPS has a twelve month low of $0.73 and a twelve month high of $4.89. The company’s 50-day moving average price is $1.34 and its two-hundred day moving average price is $1.93.

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.