Short Interest in TROOPS, Inc. (NASDAQ:TROO) Expands By 55.4%

TROOPS, Inc. (NASDAQ:TROO) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 98,700 shares, a growth of 55.4% from the November 30th total of 63,500 shares. Based on an average daily volume of 24,900 shares, the short-interest ratio is currently 4.0 days. Approximately 0.2% of the company’s shares are short sold.

TROOPS Trading Down 2.8 %

NASDAQ TROO traded down $0.05 on Friday, hitting $1.75. 7,051 shares of the stock were exchanged, compared to its average volume of 91,654. The company’s 50-day moving average price is $1.94 and its two-hundred day moving average price is $2.77. 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.