Top Win International Ltd (NASDAQ:SORA) Sees Large Increase in Short Interest

Top Win International Ltd (NASDAQ:SORA) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 19,880 shares, an increase of 82.0% from the September 15th total of 10,926 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 8,000 shares, the days-to-cover ratio is currently 2.5 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Top Win International in a research note on Friday, August 21st. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Top Win International presently has a consensus rating of “Sell”.

Top Win International Stock Performance

SORA stock opened at $2.47 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 17.06 and a quick ratio of 15.10. Top Win International has a 1 year low of $1.25 and a 1 year high of $5.78. The company’s 50-day moving average is $2.28 and its 200-day moving average is $2.24.

Top Win International (NASDAQ:SORA) last released its quarterly earnings data on Tuesday, October 6th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $3.06 million during the quarter.

About Top Win International

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.