TOP Financial Group Limited (NASDAQ:TOP) Short Interest Down 22.1% in June

TOP Financial Group Limited (NASDAQ:TOP) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 508,300 shares, a decline of 22.1% from the May 31st total of 652,100 shares. Based on an average daily trading volume, of 159,800 shares, the days-to-cover ratio is presently 3.2 days. Currently, 9.8% of the company’s stock are short sold.

TOP Financial Group Stock Performance

NASDAQ:TOP opened at $2.60 on Monday. The stock’s 50 day moving average price is $2.55 and its 200 day moving average price is $2.89. TOP Financial Group has a 52 week low of $2.19 and a 52 week high of $11.75.

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.