TruGolf Holdings, Inc. (NASDAQ:TRUG – Get Free Report) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totalling 70,800 shares, a decline of 22.2% from the August 15th total of 91,000 shares. Based on an average daily trading volume, of 13,500 shares, the short-interest ratio is currently 5.2 days. Currently, 1.2% of the shares of the stock are sold short.
TruGolf Stock Up 7.7 %
Shares of TruGolf stock opened at $1.26 on Monday. The company has a 50-day moving average of $1.14 and a two-hundred day moving average of $1.28. TruGolf has a 12-month low of $0.93 and a 12-month high of $12.00.
TruGolf (NASDAQ:TRUG – Get Free Report) last released its quarterly earnings data on Tuesday, August 20th. The company reported ($0.12) earnings per share for the quarter. The company had revenue of $3.87 million during the quarter.
TruGolf Company Profile
TruGolf Holdings, Inc, through its subsidiary, engages in the development and sale of indoor golf simulator hardware under the TruGolf Nevada brand for residential and commercial markets in the United States. It also provides E6 Connect software for use on other companies' hardware. The company was founded in 1982 and is headquartered in Centerville, Utah.
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