Treasure Global Inc. (NASDAQ:TGL) Short Interest Down 28.4% in June

Treasure Global Inc. (NASDAQ:TGL) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 24,000 shares, a drop of 28.4% from the May 31st total of 33,500 shares. Currently, 3.1% of the shares of the company are short sold. Based on an average trading volume of 95,000 shares, the short-interest ratio is presently 0.3 days.

Treasure Global Trading Up 1.1 %

NASDAQ TGL opened at $2.84 on Monday. Treasure Global has a 1-year low of $2.60 and a 1-year high of $84.35. The company has a 50 day moving average of $3.98 and a 200-day moving average of $5.04.

Treasure Global (NASDAQ:TGL) last released its quarterly earnings results on Tuesday, May 14th. The company reported ($2.32) earnings per share for the quarter. Treasure Global had a negative net margin of 22.04% and a negative return on equity of 573.71%. The business had revenue of $1.60 million during the quarter. During the same period last year, the firm posted ($1.19) EPS.

About Treasure Global

Treasure Global Inc offers e-commerce activities through its platform. Its platform provides consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. The company offers ZCITY App, a payment gateway platform.