Treasure Global Inc. (NASDAQ:TGL) Short Interest Update

Treasure Global Inc. (NASDAQ:TGL) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 8,600 shares, a decrease of 96.6% from the September 30th total of 253,600 shares. Based on an average daily trading volume, of 3,810,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.5% of the shares of the stock are short sold.

Treasure Global Stock Performance

TGL stock remained flat at $0.70 during trading on Friday. 41,549 shares of the company traded hands, compared to its average volume of 1,449,611. Treasure Global has a 12-month low of $0.54 and a 12-month high of $37.80. The company has a market capitalization of $7.75 million, a PE ratio of -0.16 and a beta of 2.85. The company has a fifty day moving average price of $0.87 and a 200 day moving average price of $2.39.

Treasure Global Company Profile

Treasure Global Inc offers e-commerce activities through its platform. Its platform provides consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. The company offers ZCITY App, a payment gateway platform.