Short Interest in Treasure Global Inc. (NASDAQ:TGL) Decreases By 73.7%

Treasure Global Inc. (NASDAQ:TGLGet Free Report) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totalling 111,200 shares, a decline of 73.7% from the December 31st total of 423,600 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 7,050,000 shares, the short-interest ratio is presently 0.0 days.

Treasure Global Trading Down 10.3 %

NASDAQ TGL traded down $0.02 during trading hours on Wednesday, reaching $0.18. 1,782,059 shares of the company’s stock traded hands, compared to its average volume of 39,364,375. The firm has a 50-day simple moving average of $0.24 and a 200 day simple moving average of $0.71. Treasure Global has a 52-week low of $0.15 and a 52-week high of $12.59.

Treasure Global Company Profile

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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.

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