Short Interest in TROOPS, Inc. (NASDAQ:TROO) Declines By 23.7%

TROOPS, Inc. (NASDAQ:TROO) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 75,300 shares, a decrease of 23.7% from the December 15th total of 98,700 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 24,700 shares, the short-interest ratio is currently 3.0 days.

TROOPS Stock Down 2.1 %

NASDAQ TROO traded down $0.04 during trading hours on Thursday, hitting $1.70. The company had a trading volume of 4,021,293 shares, compared to its average volume of 415,184. The firm’s 50 day moving average is $1.81 and its 200 day moving average is $2.77. TROOPS has a fifty-two week low of $0.73 and a fifty-two 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.