Treasure Global Inc. (NASDAQ:TGL) Sees Significant Increase in Short Interest

Treasure Global Inc. (NASDAQ:TGL) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 13,400 shares, a growth of 54.0% from the October 31st total of 8,700 shares. Based on an average daily volume of 2,660,000 shares, the short-interest ratio is presently 0.0 days. Approximately 0.2% of the company’s shares are sold short.

Treasure Global Trading Down 29.2 %

Shares of NASDAQ TGL traded down $0.12 during trading on Friday, reaching $0.29. The stock had a trading volume of 1,845,313 shares, compared to its average volume of 1,383,025. The business’s 50-day moving average price is $0.70 and its 200-day moving average price is $1.70. Treasure Global has a fifty-two week low of $0.28 and a fifty-two week high of $12.59.

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.