TOP Financial Group Limited (NASDAQ:TOP) Short Interest Down 32.4% in February

TOP Financial Group Limited (NASDAQ:TOP) was the target of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 57,705 shares, a decline of 32.4% from the January 29th total of 85,398 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 80,554 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 80,554 shares, the short-interest ratio is currently 0.7 days. Approximately 0.2% of the shares of the company are short sold.

TOP Financial Group Price Performance

TOP Financial Group stock remained flat at $1.01 during mid-day trading on Friday. The company’s stock had a trading volume of 19,393 shares, compared to its average volume of 56,399. TOP Financial Group has a 1 year low of $0.94 and a 1 year high of $3.33. The business has a fifty day moving average of $1.03 and a two-hundred day moving average of $1.14.

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

Hedge Funds Weigh In On TOP Financial Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TOP. Susquehanna International Group LLP increased its position in TOP Financial Group by 42.0% during the third quarter. Susquehanna International Group LLP now owns 51,793 shares of the company’s stock worth $67,000 after acquiring an additional 15,330 shares during the period. XTX Topco Ltd bought a new position in shares of TOP Financial Group in the fourth quarter worth about $35,000. Finally, Virtu Financial LLC bought a new stake in shares of TOP Financial Group during the third quarter worth $42,000. 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.