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

TOP Financial Group Limited (NASDAQ:TOP) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 652,300 shares, a growth of 21.8% from the April 15th total of 535,700 shares. Currently, 12.6% of the company’s shares are short sold. Based on an average trading volume of 1,520,000 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On TOP Financial Group

A hedge fund recently bought a new stake in TOP Financial Group stock. Fox Run Management L.L.C. purchased a new stake in TOP Financial Group Limited (NASDAQ:TOP) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 11,360 shares of the company’s stock, valued at approximately $58,000. 0.26% of the stock is currently owned by institutional investors.

TOP Financial Group Price Performance

Shares of TOP Financial Group stock traded down $0.07 on Wednesday, reaching $2.84. The company had a trading volume of 413,696 shares, compared to its average volume of 1,093,832. The firm’s 50 day moving average price is $2.63 and its two-hundred day moving average price is $3.31. TOP Financial Group has a 52-week low of $2.19 and a 52-week high of $11.98.

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.