Triller Group Inc. (NASDAQ:ILLR) Sees Significant Decline in Short Interest

Triller Group Inc. (NASDAQ:ILLR) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 2,670,000 shares, a decline of 33.6% from the September 30th total of 4,020,000 shares. Based on an average daily volume of 1,870,000 shares, the short-interest ratio is currently 1.4 days. Approximately 1.6% of the shares of the company are sold short. Approximately 1.6% of the shares of the company are sold short. Based on an average daily volume of 1,870,000 shares, the short-interest ratio is currently 1.4 days.

Hedge Funds Weigh In On Triller Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in ILLR. Geode Capital Management LLC increased its position in Triller Group by 1,421.5% during the 2nd quarter. Geode Capital Management LLC now owns 1,364,056 shares of the company’s stock worth $1,269,000 after purchasing an additional 1,274,403 shares during the period. Jones Financial Companies Lllp acquired a new position in Triller Group during the 1st quarter worth approximately $872,000. Goldman Sachs Group Inc. boosted its stake in shares of Triller Group by 358.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 527,859 shares of the company’s stock worth $412,000 after acquiring an additional 412,758 shares in the last quarter. OMERS ADMINISTRATION Corp boosted its stake in shares of Triller Group by 469.9% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 246,200 shares of the company’s stock worth $192,000 after acquiring an additional 203,000 shares in the last quarter. Finally, New York State Common Retirement Fund purchased a new stake in shares of Triller Group during the 2nd quarter worth approximately $140,000. Institutional investors and hedge funds own 0.04% of the company’s stock.

Triller Group Trading Down 1.1%

NASDAQ ILLR traded down $0.01 on Monday, hitting $0.57. 411,435 shares of the company’s stock were exchanged, compared to its average volume of 1,074,739. The firm has a 50-day moving average price of $0.76. Triller Group has a fifty-two week low of $0.40 and a fifty-two week high of $4.75. The stock has a market cap of $92.35 million, a price-to-earnings ratio of -0.47 and a beta of -1.71.

About Triller Group

Triller Group Inc is a us-based company that operates its businesses through Triller Corp which operates as a technology platform and AGBA Group Holding Limited operates as an insurance and wealth distribution platform