Top Win International Ltd (NASDAQ:SORA) Short Interest Up 243.0% in July

Top Win International Ltd (NASDAQ:SORA) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 17,299 shares, an increase of 243.0% from the July 15th total of 5,043 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 173,505 shares, the days-to-cover ratio is presently 0.1 days.

Top Win International Stock Down 5.6%

SORA stock traded down $0.16 on Friday, reaching $2.70. 1,647,441 shares of the company traded hands, compared to its average volume of 150,794. The firm has a fifty day simple moving average of $2.09 and a 200-day simple moving average of $2.17. Top Win International has a one year low of $1.25 and a one year high of $6.99. The company has a quick ratio of 5.07, a current ratio of 6.51 and a debt-to-equity ratio of 0.60.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Top Win International from a “sell (e+)” rating to a “sell (d)” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average 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.