Tungray Technologies Inc. (NASDAQ:TRSG) Short Interest Up 51.5% in July

Tungray Technologies Inc. (NASDAQ:TRSG) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 30,900 shares, an increase of 51.5% from the July 15th total of 20,400 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily trading volume, of 43,300 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On Tungray Technologies

An institutional investor recently bought a new position in Tungray Technologies stock. PFG Investments LLC bought a new stake in shares of Tungray Technologies Inc. (NASDAQ:TRSG) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 35,000 shares of the company’s stock, valued at approximately $135,000. PFG Investments LLC owned approximately 0.22% of Tungray Technologies as of its most recent filing with the Securities and Exchange Commission (SEC).

Tungray Technologies Trading Up 5.2 %

TRSG stock opened at $2.83 on Wednesday. Tungray Technologies has a 1 year low of $2.60 and a 1 year high of $11.78. The business has a fifty day moving average price of $3.46.

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.