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

Ten-League International Holdings Limited (NASDAQ:TLIH) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 13,939 shares, a decline of 64.0% from the May 14th total of 38,769 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 25,530 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Ten-League International

An institutional investor recently bought a new position in Ten-League International stock. HRT Financial LP bought a new stake in Ten-League International Holdings Limited (NASDAQ:TLIH) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 76,633 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned 0.26% of Ten-League International as of its most recent filing with the Securities & Exchange Commission.

Ten-League International Price Performance

Ten-League International stock traded down $0.17 during trading on Friday, reaching $4.38. The company had a trading volume of 16,650 shares, compared to its average volume of 355,739. Ten-League International has a 12-month low of $2.20 and a 12-month high of $70.00. The stock’s 50 day moving average price is $3.17 and its two-hundred day moving average price is $3.53. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.87 and a quick ratio of 0.56.

Ten-League International (NASDAQ:TLIH) last released its earnings results on Thursday, April 30th. The company reported $0.45 earnings per share (EPS) for the quarter. The company had revenue of $14.77 million during the quarter.

Ten-League International Company Profile

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.