Short Interest in TOP Financial Group Limited (NASDAQ:TOP) Grows By 23.6%

TOP Financial Group Limited (NASDAQ:TOPGet Free Report) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 72,033 shares, a growth of 23.6% from the December 15th total of 58,268 shares. Based on an average daily volume of 48,714 shares, the short-interest ratio is presently 1.5 days. Approximately 0.2% of the shares of the stock are sold short. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 48,714 shares, the short-interest ratio is presently 1.5 days.

Analyst Ratings Changes

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 data from MarketBeat, the stock presently has an average rating of “Sell”.

View Our Latest Stock Analysis on TOP

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TOP Financial Group stock. Virtu Financial LLC purchased a new stake in TOP Financial Group Limited (NASDAQ:TOPFree Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 32,459 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned about 0.09% of TOP Financial Group as of its most recent filing with the SEC. Institutional investors and hedge funds own 0.26% of the company’s stock.

TOP Financial Group Price Performance

Shares of TOP Financial Group stock traded up $0.02 during mid-day trading on Friday, hitting $1.03. 111,706 shares of the stock were exchanged, compared to its average volume of 34,262. TOP Financial Group has a twelve month low of $0.94 and a twelve month high of $3.33. The company has a 50-day simple moving average of $1.07 and a 200 day simple moving average of $1.17.

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.

Further Reading

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