Triller Group Inc. (NASDAQ:ILLR) Stock Short Interest Jumps 603.3%

Triller Group Inc. (NASDAQ:ILLR) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 704,324 shares, a growth of 603.3% from the September 15th total of 100,139 shares. Based on an average trading volume of 2,804,176 shares, the short-interest ratio is currently 0.3 days. Currently, 3.8% of the shares of the company are short sold.

Triller Group Stock Performance

Shares of NASDAQ ILLR opened at $0.08 on Friday. Triller Group has a fifty-two week low of $0.01 and a fifty-two week high of $10.00. The company has a market cap of $1.70 million, a price-to-earnings ratio of -0.01 and a beta of -1.56. The business’s 50 day moving average price is $0.74 and its 200-day moving average price is $1.63.

Triller Group (NASDAQ:ILLR) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($1.42) earnings per share (EPS) for the quarter. The company had revenue of $5.23 million during the quarter.

Analysts Set New Price Targets

Several research analysts have commented on ILLR shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Triller Group in a research report on Tuesday, September 8th. Wall Street Zen raised shares of Triller Group to a “hold” rating in a report on Sunday, July 12th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has an average rating of “Sell”.

Triller Group Company Profile

Triller Group Inc (NASDAQ:ILLR) is a technology and media company focused on social media, digital entertainment, creator tools and commerce. Its flagship Triller platform is a short-form video and social networking service that enables users and creators to produce, share and discover music and entertainment content.

The company also operates or provides products and services serving the broader creator economy, including influencer marketing, audience engagement, artificial intelligence-enabled content and marketing tools, and digital commerce solutions.