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

TROOPS, Inc. (NASDAQ:TROO) saw a significant drop in short interest in May. As of May 31st, there was short interest totalling 57,400 shares, a drop of 33.6% from the May 15th total of 86,500 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 250,200 shares, the days-to-cover ratio is currently 0.2 days.

TROOPS Trading Down 6.9%

TROOPS stock opened at $0.84 on Thursday. The stock has a 50 day moving average of $0.64 and a 200-day moving average of $1.15. TROOPS has a 52 week low of $0.49 and a 52 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.