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

Ten-League International Holdings Limited (NASDAQ:TLIH) was the recipient of a significant 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 short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

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

Ten-League International Stock Performance

Shares of NASDAQ TLIH opened at $5.78 on Friday. 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 has a 12 month low of $2.20 and a 12 month high of $8.50. The stock has a 50-day moving average price of $5.65 and a two-hundred day moving average price of $4.18.

Hedge Funds Weigh In On Ten-League International

A hedge fund recently bought a new position in Ten-League International stock. HRT Financial LP acquired a new stake in Ten-League International Holdings Limited (NASDAQ:TLIH) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 76,633 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned about 0.26% of Ten-League International at the end of the most recent reporting period.

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.