Short Interest in Treasure Global Inc. (NASDAQ:TGL) Decreases By 96.6%

Treasure Global Inc. (NASDAQ:TGL) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 8,600 shares, a drop of 96.6% from the September 30th total of 253,600 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 3,810,000 shares, the short-interest ratio is presently 0.0 days.

Treasure Global Trading Down 2.7 %

Shares of TGL traded down $0.02 during trading hours on Friday, reaching $0.68. 37,629 shares of the stock traded hands, compared to its average volume of 1,449,593. The company has a market cap of $7.53 million, a P/E ratio of -0.16 and a beta of 2.85. The company’s 50-day moving average price is $0.87 and its two-hundred day moving average price is $2.42. Treasure Global has a 52-week low of $0.54 and a 52-week high of $37.80.

About Treasure Global

Treasure Global Inc offers e-commerce activities through its platform. Its platform provides consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. The company offers ZCITY App, a payment gateway platform.