Top Glove Co. Bhd. (OTCMKTS:TGLVY – Get Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 39 shares, an increase of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 4,648 shares, the short-interest ratio is currently 0.0 days.
Top Glove Co. Bhd. Stock Performance
Shares of OTCMKTS TGLVY traded down $0.11 during mid-day trading on Tuesday, hitting $0.70. 8,514 shares of the stock were exchanged, compared to its average volume of 2,770. The stock’s fifty day simple moving average is $0.70 and its two-hundred day simple moving average is $0.61. Top Glove Co. Bhd. has a twelve month low of $0.46 and a twelve month high of $0.89.
About Top Glove Co. Bhd.
Top Glove Co Bhd., founded in 1991 and headquartered in Klang, Malaysia, is among the world’s leading manufacturers of disposable gloves. Originally established to meet growing domestic demand, the company has expanded its operations over three decades to serve a global customer base. Its shares are listed on Bursa Malaysia, and its American depositary receipts trade under the symbol TGLVY on the OTC Markets.
The company’s core business is the design, production and marketing of a broad range of protective gloves, including latex, nitrile, vinyl and surgical-grade products.
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