Ten-League International Holdings Limited (NASDAQ:TLIH) Short Interest Down 64.0% in May

Ten-League International Holdings Limited (NASDAQ:TLIH) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 13,939 shares, a decrease of 64.0% from the May 14th total of 38,769 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 25,530 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Ten-League International

A hedge fund recently bought a new stake in Ten-League International stock. HRT Financial LP acquired a new position in shares of Ten-League International Holdings Limited (NASDAQ:TLIH) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 76,633 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned about 0.26% of Ten-League International as of its most recent filing with the SEC.

Ten-League International Trading Down 3.7%

Shares of Ten-League International stock opened at $4.38 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.56 and a current ratio of 0.87. Ten-League International has a one year low of $2.20 and a one year high of $70.00. The firm has a fifty day moving average of $3.21 and a two-hundred day moving average of $3.54.

Ten-League International (NASDAQ:TLIH) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.45 EPS for the quarter. The firm had revenue of $14.77 million for the quarter.

About Ten-League International

Ten-League International, Inc is a manufacturer and distributor of hair care and beauty enhancement products serving both retail consumers and professional salons. The company’s offerings include wigs, hair extensions, hair systems, toupees and related accessories designed to address styling, medical and cosmetic needs.

Products are marketed under the Ten-League and True Glory brands, with distribution through e-commerce platforms, specialty beauty supply retailers and a network of salon partners.