TOP Financial Group Limited (NASDAQ:TOP – Get Free Report) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 468,500 shares, a decline of 23.9% from the March 15th total of 615,500 shares. Approximately 9.0% of the company’s shares are short sold. Based on an average daily volume of 1,500,000 shares, the short-interest ratio is currently 0.3 days.
Institutional Trading of TOP Financial Group
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fox Run Management L.L.C. acquired a new stake in shares of TOP Financial Group in the 3rd quarter valued at approximately $58,000. State of Wyoming acquired a new stake in TOP Financial Group in the second quarter worth $75,000. Tower Research Capital LLC TRC boosted its position in shares of TOP Financial Group by 20,502.2% during the second quarter. Tower Research Capital LLC TRC now owns 18,542 shares of the company’s stock worth $174,000 after purchasing an additional 18,452 shares in the last quarter. Geode Capital Management LLC increased its position in shares of TOP Financial Group by 33.0% in the 2nd quarter. Geode Capital Management LLC now owns 26,061 shares of the company’s stock valued at $245,000 after buying an additional 6,465 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in shares of TOP Financial Group in the 2nd quarter valued at $131,000. 0.26% of the stock is owned by institutional investors.
TOP Financial Group Stock Performance
TOP stock opened at $2.58 on Monday. The business has a fifty day moving average of $2.82 and a 200-day moving average of $3.68. TOP Financial Group has a twelve month low of $2.50 and a twelve month high of $256.44.
TOP Financial Group Company Profile
TOP Financial Group Limited, through its subsidiaries, operates as an online brokerage company in Hong Kong. It is involved in the trading of local and overseas equities, futures, and options products; and the provision of brokerage and value-added services, including trade order placement and execution, account management, and customer support services.
Featured Stories
- Five stocks we like better than TOP Financial Group
- What Does Downgrade Mean in Investing?
- 5 Trends You Need to Know This Quarter
- How to Use the MarketBeat Excel Dividend Calculator
- MarketBeat Week in Review – 4/8 – 4/12
- P/E Ratio Calculation: How to Assess Stocks
- You Can Follow BlackRock’s Market View for Your Money
Receive News & Ratings for TOP Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TOP Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.
