Treasure Global Inc. (NASDAQ:TGL) Short Interest Down 96.6% in October

Treasure Global Inc. (NASDAQ:TGL) saw a significant drop in short interest in October. As of October 15th, there was short interest totalling 8,600 shares, a drop of 96.6% from the September 30th total of 253,600 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 3,810,000 shares, the short-interest ratio is currently 0.0 days.

Treasure Global Stock Performance

TGL stock traded down $0.02 during midday trading on Friday, reaching $0.68. 37,629 shares of the company traded hands, compared to its average volume of 1,449,593. The firm has a market capitalization of $7.53 million, a price-to-earnings ratio of -0.16 and a beta of 2.85. Treasure Global has a 52-week low of $0.54 and a 52-week high of $37.80. The business has a 50 day moving average of $0.87 and a 200-day moving average of $2.42.

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.