TruGolf Holdings, Inc. (NASDAQ:TRUG) Short Interest Update

TruGolf Holdings, Inc. (NASDAQ:TRUG) was the target of a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 23,000 shares, a decrease of 58.9% from the November 15th total of 55,900 shares. Based on an average daily volume of 174,500 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.4% of the company’s shares are short sold.

TruGolf Stock Up 31.8 %

TruGolf stock traded up $0.17 during mid-day trading on Friday, hitting $0.68. 141,889,215 shares of the stock were exchanged, compared to its average volume of 1,269,864. The firm’s fifty day simple moving average is $0.61 and its two-hundred day simple moving average is $0.94. TruGolf has a 12 month low of $0.35 and a 12 month high of $11.82. The stock has a market capitalization of $8.13 million, a price-to-earnings ratio of -1.63 and a beta of -0.75.

Hedge Funds Weigh In On TruGolf

An institutional investor recently bought a new position in TruGolf stock. Clear Street Derivatives LLC purchased a new stake in shares of TruGolf Holdings, Inc. (NASDAQ:TRUG) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 30,370 shares of the company’s stock, valued at approximately $29,000. TruGolf comprises about 0.0% of Clear Street Derivatives LLC’s portfolio, making the stock its 25th biggest holding. Clear Street Derivatives LLC owned about 0.23% of TruGolf as of its most recent SEC filing. 3.24% of the stock is owned by institutional investors.

About TruGolf

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.