TROOPS, Inc. (NASDAQ:TROO) Short Interest Update

TROOPS, Inc. (NASDAQ:TROO) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 75,300 shares, a drop of 23.7% from the December 15th total of 98,700 shares. Based on an average daily volume of 24,700 shares, the days-to-cover ratio is presently 3.0 days. Approximately 0.2% of the shares of the stock are sold short.

TROOPS Price Performance

TROOPS stock opened at $1.68 on Friday. The stock has a fifty day moving average of $1.80 and a 200-day moving average of $2.76. TROOPS has a 52 week low of $0.73 and a 52 week high of $4.89.

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.