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

Tungray Technologies Inc. (NASDAQ:TRSG) saw a large decline in short interest in January. As of January 31st, there was short interest totalling 4,100 shares, a decline of 68.2% from the January 15th total of 12,900 shares. Based on an average daily volume of 12,900 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

Tungray Technologies Trading Up 2.0 %

Shares of Tungray Technologies stock traded up $0.04 during trading on Thursday, hitting $2.04. 3,288 shares of the company were exchanged, compared to its average volume of 4,900. Tungray Technologies has a fifty-two week low of $1.91 and a fifty-two week high of $11.78. The firm has a 50 day moving average price of $2.19 and a 200 day moving average price of $2.47.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Tungray Technologies stock. PFG Investments LLC increased its position in Tungray Technologies Inc. (NASDAQ:TRSG) by 94.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 68,000 shares of the company’s stock after buying an additional 33,000 shares during the quarter. PFG Investments LLC owned about 0.42% of Tungray Technologies worth $177,000 as of its most recent filing with the Securities and Exchange Commission.

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.