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

TOP Financial Group Limited (NASDAQ:TOPGet Free Report) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 573,013 shares, a growth of 204.2% from the July 15th total of 188,393 shares. Based on an average daily volume of 657,298 shares, the short-interest ratio is currently 0.9 days. Currently, 0.5% of the shares of the stock are short sold.

TOP Financial Group Price Performance

NASDAQ:TOP traded up $0.10 during trading hours on Thursday, hitting $10.94. The company’s stock had a trading volume of 77,277 shares, compared to its average volume of 87,376. TOP Financial Group has a twelve month low of $3.06 and a twelve month high of $16.65. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.54 and a current ratio of 1.54. The stock has a fifty day simple moving average of $9.12 and a 200-day simple moving average of $6.17.

TOP Financial Group (NASDAQ:TOPGet Free Report) last issued its earnings results on Tuesday, July 7th. The company reported ($0.10) EPS for the quarter. The business had revenue of $0.73 million during the quarter.

Hedge Funds Weigh In On TOP Financial Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Virtu Financial LLC acquired a new position in shares of TOP Financial Group during the third quarter worth $42,000. XTX Topco Ltd bought a new stake in TOP Financial Group during the 4th quarter worth $35,000. Finally, Susquehanna International Group LLP raised its position in TOP Financial Group by 42.0% in the third quarter. Susquehanna International Group LLP now owns 51,793 shares of the company’s stock valued at $67,000 after purchasing an additional 15,330 shares during the last quarter. Institutional investors own 0.26% of the company’s stock.

Wall Street Analyst Weigh In

TOP has been the subject of several recent analyst reports. Wall Street Zen raised shares of TOP Financial Group to a “hold” rating in a research report on Saturday, July 25th. Weiss Ratings raised shares of TOP Financial Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 16th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Read Our Latest Analysis on TOP Financial Group

TOP Financial Group Company Profile

(Get Free Report)

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. The company provides a range of futures products, such as index futures, forex futures, agricultural product futures, energy futures, and precious metal futures.

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