Top Win International Ltd (NASDAQ:SORA) Short Interest Down 44.2% in August

Top Win International Ltd (NASDAQ:SORA) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 18,431 shares, a drop of 44.2% from the August 15th total of 33,048 shares. Based on an average trading volume of 117,342 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Top Win International in a research report on Friday, August 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Top Win International Stock Performance

Shares of NASDAQ SORA opened at $2.24 on Tuesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 5.07 and a current ratio of 6.51. The company has a 50 day simple moving average of $2.10 and a 200-day simple moving average of $2.18. Top Win International has a 1 year low of $1.25 and a 1 year high of $6.99.

About Top Win International

Through our Operating Subsidiary in Hong Kong, Top Win International Trading Limited, we are a wholesaler engaged in trading, distribution, and retail of luxury watches of international brands. As the purveyor of fine watches, we source luxury products directly or indirectly from authorized dealers, distributors, and brand owners, located in Europe, Japan, Singapore, and other locations, and sell them to our customers, comprising independent watch dealers, watch distributors, and retail buyers within the watch industry.