I'm surprised too. However, they have both brick-and-mortar and online solutions and their business lending book is quite small. They took a very serious hammering to get down to sub $1.0 (I sold relatively close to this for other buying opportunities). They are a well established company in a good position to weather the storm ahead so I would expect that Institutional investors are driving this buy as they see it performing well over the 6-12month term (regardless of any Q2/Q3 disruption.)
TYR Price at posting:
$2.30 Sentiment: None Disclosure: Not Held
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