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

TryHard Holdings Limited (NASDAQ:THH) was the recipient of a significant growth in short interest in the month of 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 trading volume of 12,953 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.3% of the shares of the company are short sold.

TryHard Stock Down 7.9%

THH stock traded down $0.11 during midday trading on Tuesday, reaching $1.27. 10,211 shares of the company’s stock traded hands, compared to its average volume of 15,976. TryHard has a 52-week low of $1.26 and a 52-week 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 stock’s 50-day moving average is $1.49 and its 200 day moving average is $3.27.

TryHard (NASDAQ:THH) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.05 earnings per share for the quarter. The business had revenue of $4.33 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e-)” rating on shares of TryHard in a research note on Monday, September 21st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

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.