Tungray Technologies Inc. (NASDAQ:TRSG) Short Interest Update

Tungray Technologies Inc. (NASDAQ:TRSG) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totalling 10,200 shares, a growth of 70.0% from the September 15th total of 6,000 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 14,300 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of Tungray Technologies

An institutional investor recently bought a new position in Tungray Technologies stock. PFG Investments LLC acquired a new position in Tungray Technologies Inc. (NASDAQ:TRSG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 35,000 shares of the company’s stock, valued at approximately $135,000. PFG Investments LLC owned about 0.22% of Tungray Technologies at the end of the most recent quarter.

Tungray Technologies Stock Performance

TRSG stock opened at $2.54 on Friday. The firm has a 50 day moving average of $2.71. Tungray Technologies has a twelve month low of $2.06 and a twelve month high of $11.78.

About Tungray Technologies

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.