Top Win International Ltd (NASDAQ:SORA) Short Interest Update

Top Win International Ltd (NASDAQ:SORA) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 18,431 shares, a decrease of 44.2% from the August 15th total of 33,048 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 117,342 shares, the short-interest ratio is presently 0.2 days.

Top Win International Stock Performance

Shares of NASDAQ:SORA traded down $0.06 on Thursday, hitting $2.21. 818 shares of the company’s stock were exchanged, compared to its average volume of 87,452. The business’s 50 day simple moving average is $2.12 and its two-hundred day simple moving average is $2.18. Top Win International has a 12 month low of $1.25 and a 12 month 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.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Top Win International in a research report on Friday, August 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus 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.