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

TOP Financial Group Limited (NASDAQ:TOP) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 56,697 shares, a decline of 21.3% from the December 31st total of 72,033 shares. Based on an average daily volume of 24,318 shares, the short-interest ratio is presently 2.3 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 24,318 shares, the short-interest ratio is presently 2.3 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed 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.com, TOP Financial Group currently has an average rating of “Sell”.

Institutional Trading of TOP Financial Group

An institutional investor recently bought a new position in TOP Financial Group stock. Virtu Financial LLC bought a new position in TOP Financial Group Limited (NASDAQ:TOP) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 32,459 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned about 0.09% of TOP Financial Group at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.26% of the company’s stock.

TOP Financial Group Trading Down 2.8%

TOP Financial Group stock traded down $0.03 during mid-day trading on Friday, hitting $1.04. 54,891 shares of the company traded hands, compared to its average volume of 49,943. TOP Financial Group has a one year low of $0.94 and a one year high of $3.33. The stock has a fifty day moving average price of $1.06 and a 200-day moving average price of $1.16.

TOP Financial Group (NASDAQ:TOP) last posted its quarterly earnings data on Tuesday, January 20th. The company reported $0.00 earnings per share for the quarter. The company had revenue of $1.43 million for the quarter.

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