Triller Group Inc. (NASDAQ:ILLR) Stock Short Interest Falls 39.1%

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

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of Triller Group in a research note on Tuesday, September 8th. Wall Street Zen upgraded Triller Group to a “hold” rating in a research report on Sunday, July 12th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Triller Group Stock Down 1.7%

NASDAQ:ILLR opened at $0.27 on Friday. The business’s 50-day moving average price is $0.86 and its 200 day moving average price is $1.70. Triller Group has a 52-week low of $0.01 and a 52-week high of $10.10. The firm has a market cap of $5.57 million, a P/E ratio of -0.05 and a beta of -1.56.

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

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.