Triller Group Inc. (NASDAQ:ILLR) Shares Shorted: Short Interest Down 39.1% in September

Triller Group Inc. (NASDAQ:ILLR) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 100,139 shares, a drop of 39.1% from the August 31st total of 164,565 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 240,634 shares, the short-interest ratio is currently 0.4 days.

Triller Group Trading Up 0.0%

NASDAQ ILLR traded up $0.00 on Thursday, hitting $0.23. 171,173 shares of the company’s stock traded hands, compared to its average volume of 2,238,514. The firm’s 50-day moving average price is $0.88 and its two-hundred day moving average price is $1.71. The firm has a market capitalization of $4.71 million, a PE ratio of -0.04 and a beta of -1.59. Triller Group has a 1-year low of $0.01 and a 1-year high of $10.10.

Triller Group (NASDAQ:ILLR) last issued its earnings results on Thursday, August 13th. The company reported ($1.42) earnings per share (EPS) for the quarter. The company had revenue of $5.23 million for the quarter.

Analyst Ratings Changes

ILLR has been the topic of a number of research analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Triller Group in a report on Tuesday, September 8th. Wall Street Zen raised Triller Group to a “hold” rating in a research report on Sunday, July 12th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Triller Group has an average rating of “Sell”.

Triller Group Company Profile

Triller Group Inc is a technology and media company focused on social media, creator tools and digital entertainment. Its flagship Triller platform enables users to create, edit and share short-form videos, while providing tools intended to help artists, influencers and other creators engage audiences and monetize their content.

The company’s broader portfolio has included digital media and creator-economy businesses such as TrillerTV, a streaming service for sports and entertainment programming, as well as influencer-marketing and fan-engagement services associated with brands including Julius, Amplify.ai, Thuzio and Fangage.