TROOPS, Inc. (NASDAQ:TROO) Sees Large Increase in Short Interest

TROOPS, Inc. (NASDAQ:TROO) saw a significant increase in short interest in 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. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 215,100 shares, the short-interest ratio is currently 0.4 days.

TROOPS Stock Up 1.3 %

TROOPS stock opened at $0.77 on Friday. TROOPS has a fifty-two week low of $0.73 and a fifty-two week high of $4.89. The stock’s 50 day simple moving average is $1.32 and its two-hundred day simple moving average is $1.90.

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.