TOP Financial Group Limited (NASDAQ:TOP) Short Interest Up 50.6% in January

TOP Financial Group Limited (NASDAQ:TOP) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 85,398 shares, an increase of 50.6% from the January 15th total of 56,697 shares. Based on an average daily volume of 80,410 shares, the short-interest ratio is presently 1.1 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 80,410 shares, the short-interest ratio is presently 1.1 days.

TOP Financial Group Price Performance

TOP remained flat at $1.03 on Friday. 41,824 shares of the company’s stock traded hands, compared to its average volume of 79,097. TOP Financial Group has a twelve month low of $0.94 and a twelve month high of $3.33. The business has a 50-day simple moving average of $1.05 and a two-hundred day simple moving average of $1.15.

TOP Financial Group (NASDAQ:TOP) last released its earnings results on Tuesday, January 20th. The company reported $0.00 earnings per share for the quarter. The business had revenue of $1.43 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TOP Financial Group stock. Virtu Financial LLC bought a new position in TOP Financial Group Limited (NASDAQ:TOP) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 32,459 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned approximately 0.09% of TOP Financial Group as of its most recent filing with the Securities and Exchange Commission (SEC). 0.26% of the stock is owned by institutional investors.

TOP Financial Group Company Profile

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. The company provides a range of futures products, such as index futures, forex futures, agricultural product futures, energy futures, and precious metal futures.