Top Win International Ltd (NASDAQ:SORA) Sees Significant Drop in Short Interest

Top Win International Ltd (NASDAQ:SORA) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 4,828 shares, a drop of 46.8% from the May 14th total of 9,076 shares. Based on an average trading volume of 9,190 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s shares are short sold.

Top Win International Trading Up 2.7%

Shares of NASDAQ SORA traded up $0.06 during midday trading on Friday, hitting $2.31. The company’s stock had a trading volume of 3,274 shares, compared to its average volume of 13,239. The company’s fifty day moving average price is $2.44. The company has a debt-to-equity ratio of 0.60, a quick ratio of 5.07 and a current ratio of 6.51. Top Win International has a 1 year low of $1.57 and a 1 year high of $7.97.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Top Win International from a “sell (e+)” rating to a “sell (d)” rating in a research report on Tuesday, May 26th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Top Win International presently has a consensus rating of “Sell”.

Top Win International Company Profile

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.