Temple & Webster Group Ltd (OTCMKTS:TPLWF – Get Free Report) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 119,740 shares, a decline of 37.3% from the May 31st total of 191,089 shares. Based on an average trading volume of 11,776 shares, the days-to-cover ratio is presently 10.2 days.
Temple & Webster Group Stock Performance
OTCMKTS:TPLWF opened at $4.16 on Friday. Temple & Webster Group has a one year low of $3.30 and a one year high of $8.90. The business’s 50-day simple moving average is $3.95 and its 200 day simple moving average is $6.56.
About Temple & Webster Group
Temple & Webster Group is an Australian-based e-commerce retailer specializing in furniture, homewares and décor. The company operates a digital marketplace that connects consumers with a broad network of independent suppliers, designers and manufacturers. Through its online platform, Temple & Webster offers a curated selection of indoor and outdoor furniture, lighting, textiles and decorative accessories aimed at both style-conscious homeowners and professional interior designers.
Founded in 2011 by entrepreneurs Mark Coulter and Michael Hingley, Temple & Webster has grown rapidly by leveraging a direct-to-consumer model and proprietary technology to streamline the shopping experience.
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