TOP Financial Group Limited (NASDAQ:TOP) Sees Significant Decline in Short Interest

TOP Financial Group Limited (NASDAQ:TOP) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totalling 329,900 shares, a decrease of 23.2% from the September 30th total of 429,800 shares. Approximately 6.4% of the company’s stock are sold short. Based on an average daily trading volume, of 893,100 shares, the short-interest ratio is currently 0.4 days.

TOP Financial Group Price Performance

NASDAQ TOP remained flat at $1.78 during trading hours on Friday. 155,258 shares of the company’s stock traded hands, compared to its average volume of 798,019. The firm has a fifty day moving average of $1.93 and a 200 day moving average of $2.29. TOP Financial Group has a one year low of $1.39 and a one year high of $7.77.

TOP Financial Group Company Profile

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.