Ten-League International Holdings Limited (NASDAQ:TLIH) Short Interest Update

Ten-League International Holdings Limited (NASDAQ:TLIH) was the target of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 13,939 shares, a decrease of 64.0% from the May 14th total of 38,769 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 25,530 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Ten-League International

An institutional investor recently bought a new position in Ten-League International stock. HRT Financial LP bought a new stake in shares of Ten-League International Holdings Limited (NASDAQ:TLIH) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 76,633 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned about 0.26% of Ten-League International at the end of the most recent reporting period.

Ten-League International Price Performance

NASDAQ TLIH traded down $0.17 on Friday, reaching $4.38. The company had a trading volume of 16,650 shares, compared to its average volume of 22,575. Ten-League International has a 52-week low of $2.20 and a 52-week high of $70.00. The company’s fifty day moving average is $3.21 and its 200 day moving average is $3.54. The company has a current ratio of 0.87, a quick ratio of 0.56 and a debt-to-equity ratio of 0.45.

Ten-League International (NASDAQ:TLIH) last announced its earnings results on Thursday, April 30th. The company reported $0.45 earnings per share (EPS) for the quarter. The business had revenue of $14.77 million for the quarter.

Ten-League International Company Profile

Ten-League International, Inc is a manufacturer and distributor of hair care and beauty enhancement products serving both retail consumers and professional salons. The company’s offerings include wigs, hair extensions, hair systems, toupees and related accessories designed to address styling, medical and cosmetic needs.

Products are marketed under the Ten-League and True Glory brands, with distribution through e-commerce platforms, specialty beauty supply retailers and a network of salon partners.