TruGolf Holdings, Inc. (NASDAQ:TRUG) Sees Significant Increase in Short Interest

Posted by Donald Scott on Mar 6th, 2025

TruGolf Holdings, Inc. (NASDAQ:TRUG – Get Free Report) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 203,600 shares, an increase of 23.2% from the January 31st total of 165,200 shares. Based on an average daily trading volume, of 6,930,000 shares, the short-interest ratio is presently 0.0 days. Approximately 2.2% of the shares of the stock are short sold.

Analyst Ratings Changes

TRUG has been the subject of several research reports. Singular Research raised TruGolf to a “moderate buy” rating in a research note on Monday, January 27th. Maxim Group initiated coverage on shares of TruGolf in a research note on Thursday, December 19th. They issued a “buy” rating and a $2.00 price objective for the company.

Get Our Latest Analysis on TRUG

TruGolf Trading Up 1.5 %

TRUG opened at $0.38 on Thursday. TruGolf has a 12 month low of $0.32 and a 12 month high of $2.27. The business’s 50-day moving average price is $0.52 and its 200-day moving average price is $0.70. The company has a market cap of $4.52 million, a P/E ratio of -0.91 and a beta of -0.89.

Hedge Funds Weigh In On TruGolf

A hedge fund recently bought a new stake in TruGolf stock. Clear Street Derivatives LLC bought a new position in TruGolf Holdings, Inc. (NASDAQ:TRUG – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 30,370 shares of the company’s stock, valued at approximately $29,000. TruGolf accounts for about 0.0% of Clear Street Derivatives LLC’s holdings, making the stock its 25th biggest position. Clear Street Derivatives LLC owned 0.23% of TruGolf as of its most recent filing with the Securities and Exchange Commission (SEC). 3.24% of the stock is owned by institutional investors.

TruGolf Company Profile

(Get Free Report)

TruGolf Holdings, Inc, through its subsidiary, engages in the development and sale of indoor golf simulator hardware under the TruGolf Nevada brand for residential and commercial markets in the United States. It also provides E6 Connect software for use on other companies' hardware. The company was founded in 1982 and is headquartered in Centerville, Utah.