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Short Interest in Findev Inc. (OTCMKTS:TNSGF) Drops By 34.1%

Defense World ·  Aug 28, 2022 16:00

Findev Inc. (OTCMKTS:TNSGF – Get Rating) was the recipient of a large drop in short interest in August. As of August 15th, there was short interest totalling 2,700 shares, a drop of 34.1% from the July 31st total of 4,100 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 3.4 days.

Findev Stock Performance

TNSGF opened at $0.36 on Friday. Findev has a 1-year low of $0.36 and a 1-year high of $0.37. The firm has a 50-day moving average price of $0.37 and a two-hundred day moving average price of $0.37.

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Findev Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 15th. Shareholders of record on Wednesday, June 29th were given a $0.0058 dividend. This represents a yield of 6.13%. The ex-dividend date of this dividend was Tuesday, June 28th.

Findev Company Profile

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Findev Inc, real estate finance company, provides real estate financing secured by investment properties and real estate developments in Canada. It targets real estate projects that include condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments. The company was formerly known as TransGaming Inc and changed its name to Findev Inc in October 2016.

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