Short Interest in TryHard Holdings Limited (NASDAQ:THH) Declines By 76.6%

TryHard Holdings Limited (NASDAQ:THH) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 27,971 shares, a decrease of 76.6% from the June 30th total of 119,493 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 122,136 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

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

Institutional Trading of TryHard

A hedge fund recently bought a new stake in TryHard stock. Citadel Advisors LLC acquired a new position in shares of TryHard Holdings Limited (NASDAQ:THH) in the third quarter, according to its most recent disclosure with the 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 at the end of the most recent quarter.

TryHard Trading Down 2.5%

Shares of THH opened at $0.21 on Friday. TryHard has a fifty-two week low of $0.20 and a fifty-two week high of $55.05. The firm has a 50-day simple moving average of $0.30 and a 200-day simple moving average of $2.01. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 0.64.

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.