Ten-League International Holdings Limited (NASDAQ:TLIH) Short Interest Update

Ten-League International Holdings Limited (NASDAQ:TLIH) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 342 shares, a decrease of 72.8% from the August 15th total of 1,256 shares. Based on an average daily volume of 2,905 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Ten-League International from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Ten-League International currently has an average rating of “Sell”.

Ten-League International Stock Performance

Shares of NASDAQ TLIH remained flat at $5.75 during trading hours on Monday. The company had a trading volume of 978 shares, compared to its average volume of 2,218. Ten-League International has a twelve month low of $2.20 and a twelve month high of $8.50. The stock has a fifty day moving average price of $5.66 and a two-hundred day moving average price of $4.19. The company has a current ratio of 0.87, a quick ratio of 0.56 and a debt-to-equity ratio of 0.45.

About Ten-League International

Ten-League International, Inc is a manufacturer and distributor of hair care and beauty enhancement products serving both retail consumers and professional salons. The company’s offerings include wigs, hair extensions, hair systems, toupees and related accessories designed to address styling, medical and cosmetic needs.

Products are marketed under the Ten-League and True Glory brands, with distribution through e-commerce platforms, specialty beauty supply retailers and a network of salon partners.