Ten-League International Holdings Limited (NASDAQ:TLIH) Stock Short Interest Report for September

Ten-League International Holdings Limited (NASDAQ:TLIH) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 4 shares, a drop of 60.0% from the September 15th total of 10 shares. Based on an average daily volume of 1,091 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Ten-League International Stock Down 3.8%

Ten-League International stock traded down $0.22 during trading hours on Thursday, hitting $5.57. The company had a trading volume of 3,767 shares, compared to its average volume of 207,369. The company has a 50-day moving average price of $5.74 and a two-hundred day moving average price of $4.60. Ten-League International has a 1 year low of $2.20 and a 1 year high of $6.74. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.80 and a quick ratio of 0.64.

Ten-League International (NASDAQ:TLIH) last announced its quarterly earnings data on Wednesday, September 30th. The company reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $12.79 million during the quarter.

Analyst Upgrades and Downgrades

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

Ten-League International Company Profile

Our mission is to provide high-quality equipment, value-added engineering solutions as well as maintenance and repair services through continuous adaptation and application of new technologies. We are a Singapore-based provider of turnkey project solutions. Our business primarily consists of sales of heavy equipment and parts, heavy equipment rental and provision of engineering consultancy services to port, construction, civil engineering and underground foundation industries. We currently conduct our operations through our wholly-owned subsidiaries, Ten-League Engineering & Technology Pte.