Short Interest in TROOPS, Inc. (NASDAQ:TROO) Declines By 33.6%

TROOPS, Inc. (NASDAQ:TROO) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 57,400 shares, a decline of 33.6% from the May 15th total of 86,500 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 250,200 shares, the short-interest ratio is presently 0.2 days.

TROOPS Stock Performance

NASDAQ:TROO opened at $0.84 on Thursday. The company’s 50-day moving average is $0.64 and its two-hundred day moving average is $1.15. TROOPS has a 12-month low of $0.49 and a 12-month 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.