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

Tungray Technologies Inc. (NASDAQ:TRSG) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 41,100 shares, an increase of 2,640.0% from the March 15th total of 1,500 shares. Based on an average daily trading volume, of 64,900 shares, the days-to-cover ratio is currently 0.6 days. Approximately 1.7% of the shares of the stock are short sold.

Tungray Technologies Price Performance

NASDAQ:TRSG traded down $0.13 during mid-day trading on Monday, reaching $1.55. 12,814 shares of the stock were exchanged, compared to its average volume of 83,170. The business has a fifty day moving average price of $1.76 and a 200 day moving average price of $2.15. Tungray Technologies has a 1-year low of $1.00 and a 1-year high of $11.78.

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.