Tungray Technologies Inc. (NASDAQ:TRSG) Short Interest Update

Tungray Technologies Inc. (NASDAQ:TRSG) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 2,000 shares, a decline of 77.0% from the November 30th total of 8,700 shares. Based on an average daily volume of 13,400 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Tungray Technologies stock. PFG Investments LLC purchased a new stake in Tungray Technologies Inc. (NASDAQ:TRSG) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 35,000 shares of the company’s stock, valued at approximately $135,000. PFG Investments LLC owned 0.22% of Tungray Technologies as of its most recent filing with the Securities & Exchange Commission.

Tungray Technologies Trading Down 9.3 %

Shares of TRSG traded down $0.23 during trading hours on Friday, hitting $2.23. 54,995 shares of the stock were exchanged, compared to its average volume of 76,171. Tungray Technologies has a fifty-two week low of $2.06 and a fifty-two week high of $11.78. The business has a 50-day moving average of $2.43 and a 200-day moving average of $2.82.

Tungray Technologies Company Profile

Tungray Technologies Inc, through its subsidiaries, provides tooling and customized industrial manufacturing solutions in China and Singapore. It offers customized industrial test and tooling solutions; welding equipment manufacturing; and direct drive and linear direct current motors. The company also designs, develops, and manufactures non- standard equipment, such as automated assembly equipment, precision testing equipment, tooling fixtures, etc., as well as induction brazing and hardening equipment, and tooling fixtures; researches, develops, and sells intelligent robots and storage equipment; and installs industrial machinery and equipment, and mechanical engineering works.