Trio-Tech International (NYSEAMERICAN:TRT) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 5,100 shares, a growth of 183.3% from the September 30th total of 1,800 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 4,500 shares, the days-to-cover ratio is currently 1.1 days.
NYSEAMERICAN TRT opened at $3.43 on Thursday. Trio-Tech International has a 1-year low of $2.46 and a 1-year high of $3.99.
Trio-Tech International (NYSEAMERICAN:TRT) last released its quarterly earnings results on Monday, September 23rd. The company reported $0.12 earnings per share for the quarter. The firm had revenue of $10.63 million for the quarter.
Trio-Tech International, together with its subsidiaries, provides manufacturing, testing, and distribution services to the semiconductor industry. The company's Testing Services segment offers stabilization bake, thermal shock, temperature cycling, mechanical shock, constant acceleration, gross and fine leak, electrical, static and dynamic burn-in, and vibration testing, as well as reliability lab and microprocessor equipment contract cleaning services.
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