Treasure Global Inc. (NASDAQ:TGL – Get Free Report) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 1,270,000 shares, a drop of 71.8% from the February 13th total of 4,500,000 shares. Based on an average daily volume of 13,460,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 3.6% of the shares of the stock are sold short.
Institutional Trading of Treasure Global
An institutional investor recently bought a new position in Treasure Global stock. Renaissance Technologies LLC purchased a new position in Treasure Global Inc. (NASDAQ:TGL – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 565,800 shares of the company’s stock, valued at approximately $100,000. Renaissance Technologies LLC owned about 1.21% of Treasure Global as of its most recent SEC filing.
Treasure Global Trading Up 5.3 %
Shares of TGL stock traded up $0.01 on Friday, reaching $0.12. The company’s stock had a trading volume of 593,537 shares, compared to its average volume of 4,811,616. The stock’s fifty day simple moving average is $0.18 and its 200-day simple moving average is $0.44. Treasure Global has a 1 year low of $0.10 and a 1 year high of $8.69.
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.
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