Top Win International Ltd (NASDAQ:SORA) Short Interest Up 243.0% in July

Top Win International Ltd (NASDAQ:SORA) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 17,299 shares, an increase of 243.0% from the July 15th total of 5,043 shares. Based on an average daily volume of 173,505 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Top Win International Stock Performance

Shares of SORA traded down $0.09 during mid-day trading on Thursday, hitting $2.74. 2,797 shares of the company’s stock were exchanged, compared to its average volume of 79,399. The firm’s fifty day simple moving average is $2.07. Top Win International has a twelve month low of $1.25 and a twelve month high of $6.99. The company has a quick ratio of 5.07, a current ratio of 6.51 and a debt-to-equity ratio of 0.60.

Wall Street Analyst Weigh In

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

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.