Top Glove Co. Bhd. (OTCMKTS:TGLVY – Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 39 shares, an increase of ∞ from the April 30th total of 0 shares. Based on an average daily volume of 4,648 shares, the days-to-cover ratio is presently 0.0 days.
Top Glove Co. Bhd. Stock Down 7.1%
Shares of OTCMKTS:TGLVY traded down $0.06 on Monday, hitting $0.80. 2,118 shares of the company’s stock were exchanged, compared to its average volume of 2,653. Top Glove Co. Bhd. has a 12 month low of $0.46 and a 12 month high of $0.89. The business’s 50 day simple moving average is $0.70 and its two-hundred day simple moving average is $0.61.
About Top Glove Co. Bhd.
Top Glove Co Bhd., founded in 1991 and headquartered in Klang, Malaysia, is among the world’s leading manufacturers of disposable gloves. Originally established to meet growing domestic demand, the company has expanded its operations over three decades to serve a global customer base. Its shares are listed on Bursa Malaysia, and its American depositary receipts trade under the symbol TGLVY on the OTC Markets.
The company’s core business is the design, production and marketing of a broad range of protective gloves, including latex, nitrile, vinyl and surgical-grade products.
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