Short Interest in TOP Financial Group Limited (NASDAQ:TOP) Decreases By 36.5%

TOP Financial Group Limited (NASDAQ:TOP) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 177,700 shares, a decrease of 36.5% from the December 31st total of 279,900 shares. Based on an average trading volume of 144,300 shares, the short-interest ratio is presently 1.2 days. Approximately 3.4% of the shares of the company are sold short.

TOP Financial Group Stock Performance

NASDAQ TOP traded down $0.02 on Friday, hitting $1.41. 52,599 shares of the company’s stock were exchanged, compared to its average volume of 118,998. The firm’s 50-day moving average price is $1.50 and its two-hundred day moving average price is $1.81. TOP Financial Group has a fifty-two week low of $1.25 and a fifty-two week high of $7.77.

About TOP Financial Group

TOP Financial Group Limited, through its subsidiaries, operates as an online brokerage company in Hong Kong. It is involved in the trading of local and overseas equities, futures, and options products; and the provision of brokerage and value-added services, including trade order placement and execution, account management, and customer support services.