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

Ten-League International Holdings Limited (NASDAQ:TLIH) was the recipient of a significant decline in short interest in the month of 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. Based on an average daily volume of 25,530 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.5% of the company’s shares are sold short.

Ten-League International Price Performance

TLIH traded down $0.17 during trading on Friday, hitting $4.38. 16,650 shares of the company’s stock were exchanged, compared to its average volume of 355,739. 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 1 year low of $2.20 and a 1 year high of $70.00. The stock has a 50 day moving average price of $3.17 and a 200 day moving average price of $3.53.

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

Institutional Investors Weigh In On Ten-League International

An institutional investor recently bought a new position in Ten-League International stock. HRT Financial LP acquired a new position in shares of Ten-League International Holdings Limited (NASDAQ:TLIH) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 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 SEC filing.

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.