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

TOP Financial Group Limited (NASDAQ:TOP) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 339,200 shares, a drop of 24.9% from the June 30th total of 451,400 shares. Based on an average daily trading volume, of 117,300 shares, the short-interest ratio is currently 2.9 days. Approximately 6.5% of the company’s shares are short sold.

TOP Financial Group Stock Down 2.4 %

NASDAQ:TOP traded down $0.06 during mid-day trading on Monday, reaching $2.42. The company’s stock had a trading volume of 28,586 shares, compared to its average volume of 743,647. TOP Financial Group has a twelve month low of $2.19 and a twelve month high of $7.77. The company’s fifty day simple moving average is $2.51 and its two-hundred day simple moving average is $2.70.

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.