Tungray Technologies Inc. (NASDAQ:TRSG) Short Interest Update

Tungray Technologies Inc. (NASDAQ:TRSG) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 2,000 shares, a decrease of 77.0% from the November 30th total of 8,700 shares. Based on an average daily trading volume, of 13,400 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Tungray Technologies Stock Performance

Tungray Technologies stock traded down $0.26 on Friday, hitting $2.20. 35,569 shares of the stock traded hands, compared to its average volume of 76,039. The business’s fifty day simple moving average is $2.44 and its 200 day simple moving average is $2.84. Tungray Technologies has a 1 year low of $2.06 and a 1 year high of $11.78.

Institutional Investors Weigh In On Tungray Technologies

A hedge fund recently bought a new stake in Tungray Technologies stock. PFG Investments LLC acquired a new stake in Tungray Technologies Inc. (NASDAQ:TRSG) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 35,000 shares of the company’s stock, valued at approximately $135,000. PFG Investments LLC owned approximately 0.22% of Tungray Technologies at the end of the most recent quarter.

Tungray Technologies Company Profile

Tungray Technologies Inc, through its subsidiaries, provides tooling and customized industrial manufacturing solutions in China and Singapore. It offers customized industrial test and tooling solutions; welding equipment manufacturing; and direct drive and linear direct current motors. The company also designs, develops, and manufactures non- standard equipment, such as automated assembly equipment, precision testing equipment, tooling fixtures, etc., as well as induction brazing and hardening equipment, and tooling fixtures; researches, develops, and sells intelligent robots and storage equipment; and installs industrial machinery and equipment, and mechanical engineering works.