TryHard Holdings Limited (NASDAQ:THH) Sees Significant Increase in Short Interest

TryHard Holdings Limited (NASDAQ:THH) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 119,493 shares, an increase of 85.8% from the June 15th total of 64,312 shares. Based on an average daily trading volume, of 2,395,590 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.2% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e-)” rating on shares of TryHard in a report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, TryHard has an average rating of “Sell”.

Institutional Investors Weigh In On TryHard

An institutional investor recently bought a new stake in TryHard stock. Citadel Advisors LLC acquired a new position in TryHard Holdings Limited (NASDAQ:THH) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 84,923 shares of the company’s stock, valued at approximately $607,000. Citadel Advisors LLC owned about 0.17% of TryHard as of its most recent filing with the Securities and Exchange Commission (SEC).

TryHard Stock Up 2.0%

NASDAQ THH opened at $0.24 on Friday. TryHard has a 1-year low of $0.22 and a 1-year high of $55.05. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 0.64. The firm’s fifty day simple moving average is $0.31 and its 200-day simple moving average is $2.69.

About TryHard

As a lifestyle entertainment company in Japan, we aim to be on the cutting edge of the entertainment industry by introducing state-of-art technology, immersive storytelling, and bespoke experiences that are multi-sensory. Our mission is to create unique entertainment experiences that captivate audiences, foster memorable connections, and leave a lasting impact. Our principal businesses comprise (i) event curation, (ii) consultancy and management services; (iii) sub-leasing of entertainment venues; and (iv) ownership and operation of restaurants.