Treasure Global Inc. (NASDAQ:TGL) Short Interest Up 150.6% in September

Treasure Global Inc. (NASDAQ:TGL) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 59,400 shares, a growth of 150.6% from the August 31st total of 23,700 shares. Based on an average daily trading volume, of 3,650,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 4.4% of the company’s stock are short sold.

Treasure Global Stock Down 3.1 %

Shares of Treasure Global stock traded down $0.04 on Friday, reaching $1.24. The company’s stock had a trading volume of 588,832 shares, compared to its average volume of 1,554,218. Treasure Global has a 52 week low of $0.54 and a 52 week high of $43.75. The firm’s fifty day simple moving average is $1.00 and its two-hundred day simple moving average is $2.89. The company has a market capitalization of $13.73 million, a price-to-earnings ratio of -0.28 and a beta of 2.79.

About Treasure Global

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.