TROOPS, Inc. (NASDAQ:TROO) Short Interest Down 16.4% in September

TROOPS, Inc. (NASDAQ:TROO) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 139,400 shares, a drop of 16.4% from the August 31st total of 166,800 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 88,400 shares, the short-interest ratio is presently 1.6 days.

TROOPS Price Performance

Shares of NASDAQ TROO opened at $3.48 on Monday. TROOPS has a twelve month low of $0.73 and a twelve month high of $4.89. The company’s fifty day moving average is $3.86 and its 200-day moving average is $2.42.

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.