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

TROOPS, Inc. (NASDAQ:TROO) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 172,900 shares, a decline of 29.6% from the August 31st total of 245,700 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 1,730,000 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 1,730,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.4% of the shares of the company are short sold.

TROOPS Stock Down 6.7%

Shares of NASDAQ TROO opened at $1.25 on Tuesday. The stock’s fifty day moving average price is $1.04 and its two-hundred day moving average price is $0.81. TROOPS has a one year low of $0.49 and a one year high of $3.05.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of TROOPS in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, TROOPS has an average rating of “Sell”.

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.