TOP Financial Group Limited (NASDAQ:TOP) Short Interest Update

TOP Financial Group Limited (NASDAQ:TOP) saw a large decline in short interest in July. As of July 15th, there was short interest totalling 339,200 shares, a decline of 24.9% from the June 30th total of 451,400 shares. Based on an average daily trading volume, of 117,300 shares, the days-to-cover ratio is presently 2.9 days. Approximately 6.5% of the shares of the stock are sold short.

TOP Financial Group Price Performance

Shares of NASDAQ:TOP traded down $0.06 during midday trading on Monday, hitting $2.42. The stock had a trading volume of 28,586 shares, compared to its average volume of 743,647. The company’s 50-day moving average price is $2.51 and its 200-day moving average price is $2.70. TOP Financial Group has a fifty-two week low of $2.19 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.