Triller Group Inc. (NASDAQ:ILLR) Sees Significant Growth in Short Interest

Triller Group Inc. (NASDAQ:ILLR) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 704,324 shares, a growth of 603.3% from the September 15th total of 100,139 shares. Currently, 3.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,804,176 shares, the days-to-cover ratio is presently 0.3 days.

Triller Group Trading Up 101.2%

Shares of Triller Group stock traded up $0.04 during trading on Friday, reaching $0.08. The company’s stock had a trading volume of 1,331,786 shares, compared to its average volume of 2,257,470. The stock has a 50-day moving average price of $0.74 and a two-hundred day moving average price of $1.63. The stock has a market capitalization of $1.70 million, a P/E ratio of -0.01 and a beta of -1.56. Triller Group has a one year low of $0.01 and a one year high of $10.00.

Triller Group (NASDAQ:ILLR) last posted its quarterly earnings data 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.

Analyst Upgrades and Downgrades

ILLR has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Triller Group in a research note on Tuesday, September 8th. Wall Street Zen raised Triller Group to a “hold” rating in a report on Sunday, July 12th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Triller Group Company Profile

Triller Group Inc (NASDAQ:ILLR) is a technology and media company focused on social media, digital entertainment, creator tools and commerce. Its flagship Triller platform is a short-form video and social networking service that enables users and creators to produce, share and discover music and entertainment content.

The company also operates or provides products and services serving the broader creator economy, including influencer marketing, audience engagement, artificial intelligence-enabled content and marketing tools, and digital commerce solutions.