Top Win International Ltd (NASDAQ:SORA) Sees Significant Drop in Short Interest

Top Win International Ltd (NASDAQ:SORA) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 4,828 shares, a drop of 46.8% from the May 14th total of 9,076 shares. Based on an average daily volume of 9,190 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Top Win International from a “sell (e+)” rating to a “sell (d)” rating in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Top Win International Price Performance

Shares of SORA traded up $0.06 during trading on Friday, reaching $2.31. 3,274 shares of the company traded hands, compared to its average volume of 13,239. Top Win International has a twelve month low of $1.57 and a twelve month high of $7.97. The business’s 50-day moving average is $2.44. The company has a debt-to-equity ratio of 0.60, a current ratio of 6.51 and a quick ratio of 5.07.

Top Win International Company Profile

Through our Operating Subsidiary in Hong Kong, Top Win International Trading Limited, we are a wholesaler engaged in trading, distribution, and retail of luxury watches of international brands. As the purveyor of fine watches, we source luxury products directly or indirectly from authorized dealers, distributors, and brand owners, located in Europe, Japan, Singapore, and other locations, and sell them to our customers, comprising independent watch dealers, watch distributors, and retail buyers within the watch industry.