TryHard Holdings Limited (NASDAQ:THH) Sees Large Increase in Short Interest

TryHard Holdings Limited (NASDAQ:THH) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 13,574 shares, a growth of 1,252.0% from the October 15th total of 1,004 shares. Based on an average daily trading volume, of 12,953 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e-)” rating on shares of TryHard in a research note on Monday, September 21st. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company currently has an average rating of “Sell”.

TryHard Stock Performance

THH stock traded down $0.11 during mid-day trading on Tuesday, hitting $1.27. The company had a trading volume of 10,211 shares, compared to its average volume of 15,976. TryHard has a 12-month low of $1.26 and a 12-month high of $550.50. The company has a quick ratio of 1.43, a current ratio of 1.44 and a debt-to-equity ratio of 0.22. The company has a 50-day moving average price of $1.49 and a 200 day moving average price of $3.27.

TryHard (NASDAQ:THH) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.05 EPS for the quarter. The company had revenue of $4.33 million for the quarter.

TryHard Company Profile

As a lifestyle entertainment company in Japan, we aim to be on the cutting edge of the entertainment industry by introducing state-of-art technology, immersive storytelling, and bespoke experiences that are multi-sensory. Our mission is to create unique entertainment experiences that captivate audiences, foster memorable connections, and leave a lasting impact. Our principal businesses comprise (i) event curation, (ii) consultancy and management services; (iii) sub-leasing of entertainment venues; and (iv) ownership and operation of restaurants.