Short Interest in Trans Global Group, Inc. (OTCMKTS:TGGI) Drops By 54.9%

Trans Global Group, Inc. (OTCMKTS:TGGIGet Rating) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 60,600 shares, a decline of 54.9% from the April 30th total of 134,300 shares. Based on an average trading volume of 66,764,900 shares, the short-interest ratio is presently 0.0 days.

OTCMKTS TGGI opened at $0.01 on Friday. Trans Global Group has a 52 week low of $0.00 and a 52 week high of $0.03. The business’s fifty day simple moving average is $0.01 and its 200-day simple moving average is $0.02.

About Trans Global Group (Get Rating)

Trans Global Group, Inc does not have significant operations. The company intends to effect a merger or acquisition with an unidentified company. Previously, it was engaged in the general construction, and renewable and solar energy sector. The company is headquartered in Shenzhen, China.

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