Short Interest in TOP Financial Group Limited (NASDAQ:TOP) Drops By 40.9%

TOP Financial Group Limited (NASDAQ:TOP) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 124,500 shares, a decrease of 40.9% from the September 15th total of 210,500 shares. Based on an average trading volume of 832,600 shares, the short-interest ratio is currently 0.1 days. Currently, 3.3% of the company’s stock are short sold. Currently, 3.3% of the company’s stock are short sold. Based on an average trading volume of 832,600 shares, the short-interest ratio is currently 0.1 days.

TOP Financial Group Price Performance

Shares of NASDAQ TOP opened at $1.19 on Thursday. The business’s 50 day moving average price is $1.26 and its two-hundred day moving average price is $1.23. TOP Financial Group has a twelve month low of $1.00 and a twelve month high of $3.33.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of TOP Financial Group in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, TOP Financial Group presently has an average rating of “Sell”.

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.