Top Win International Ltd (NASDAQ:SORA) Sees Large Decrease in Short Interest

Top Win International Ltd (NASDAQ:SORA) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 3,740 shares, a decrease of 52.5% from the June 15th total of 7,866 shares. Based on an average daily trading volume, of 6,587 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

Top Win International Trading Up 5.6%

Shares of NASDAQ SORA traded up $0.09 during mid-day trading on Thursday, reaching $1.69. 22,645 shares of the company’s stock were exchanged, compared to its average volume of 69,405. Top Win International has a 52 week low of $1.25 and a 52 week high of $7.44. The company has a debt-to-equity ratio of 0.60, a current ratio of 6.51 and a quick ratio of 5.07. The stock has a 50-day moving average price of $2.29.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Top Win International from a “sell (e+)” rating to a “sell (d)” rating in a research report on Tuesday, May 26th. One 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”.

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.