Treasure Global Inc. (NASDAQ:TGL) Short Interest Down 28.4% in June

Treasure Global Inc. (NASDAQ:TGL) saw a significant decline in short interest in June. As of June 15th, there was short interest totalling 24,000 shares, a decline of 28.4% from the May 31st total of 33,500 shares. Based on an average daily volume of 95,000 shares, the days-to-cover ratio is presently 0.3 days. Approximately 3.1% of the shares of the stock are short sold.

Treasure Global Stock Performance

Shares of NASDAQ:TGL opened at $2.84 on Monday. Treasure Global has a 52-week low of $2.60 and a 52-week high of $84.35. The stock’s fifty day simple moving average is $3.98 and its 200-day simple moving average is $5.04.

Treasure Global (NASDAQ:TGL) last issued its quarterly earnings data on Tuesday, May 14th. The company reported ($2.32) earnings per share (EPS) for the quarter. Treasure Global had a negative net margin of 22.04% and a negative return on equity of 573.71%. The company had revenue of $1.60 million during the quarter. During the same quarter in the prior year, the company earned ($1.19) EPS.

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.