TryHard Holdings Limited (NASDAQ:THH) Short Interest Down 36.9% in August

TryHard Holdings Limited (NASDAQ:THH) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 19,532 shares, a decrease of 36.9% from the July 30th total of 30,939 shares. Based on an average daily trading volume, of 437,262 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.4% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e-)” rating on shares of TryHard in a research note on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, According to MarketBeat, TryHard currently has a consensus rating of “Sell”.

TryHard Stock Performance

THH stock traded down $0.16 during midday trading on Tuesday, hitting $1.97. The company’s stock had a trading volume of 14,587 shares, compared to its average volume of 183,849. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 0.64. The stock’s 50-day moving average price is $2.55 and its 200 day moving average price is $3.52. TryHard has a 1 year low of $1.88 and a 1 year high of $550.50.

Institutional Investors Weigh In On TryHard

A hedge fund recently bought a new position in TryHard stock. Citadel Advisors LLC acquired a new stake in shares of TryHard Holdings Limited (NASDAQ:THH) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 84,923 shares of the company’s stock, valued at approximately $607,000. Citadel Advisors LLC owned 0.17% of TryHard as of its most recent filing with the Securities and Exchange Commission (SEC).

About TryHard

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.