Short Interest in Tungray Technologies Inc. (NASDAQ:TRSG) Increases By 2,640.0%

Tungray Technologies Inc. (NASDAQ:TRSG) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 41,100 shares, an increase of 2,640.0% from the March 15th total of 1,500 shares. Based on an average daily volume of 64,900 shares, the short-interest ratio is presently 0.6 days. Currently, 1.7% of the company’s stock are sold short.

Tungray Technologies Stock Performance

Shares of TRSG stock opened at $1.52 on Wednesday. The stock’s fifty day moving average price is $1.74 and its 200 day moving average price is $2.14. Tungray Technologies has a 1-year low of $1.00 and a 1-year high of $11.78.

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.