TROOPS, Inc. (NASDAQ:TROO) Sees Significant Decline in Short Interest

TROOPS, Inc. (NASDAQ:TROO) saw a significant decrease in short interest in November. As of November 30th, there was short interest totalling 63,500 shares, a decrease of 23.5% from the November 15th total of 83,000 shares. Based on an average trading volume of 24,400 shares, the short-interest ratio is presently 2.6 days. Approximately 0.1% of the company’s shares are short sold.

TROOPS Price Performance

Shares of TROO stock opened at $1.91 on Monday. The company’s fifty day simple moving average is $2.01 and its 200-day simple moving average is $2.76. TROOPS has a 52 week low of $0.73 and a 52 week high of $4.89.

About TROOPS

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.