Treasure Global Inc. (NASDAQ:TGL) Short Interest Update

Treasure Global Inc. (NASDAQ:TGL) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 732,300 shares, a decrease of 42.3% from the February 28th total of 1,270,000 shares. Based on an average daily trading volume, of 14,970,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 2.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Treasure Global

An institutional investor recently bought a new position in Treasure Global stock. Renaissance Technologies LLC purchased a new stake in Treasure Global Inc. (NASDAQ:TGL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 565,800 shares of the company’s stock, valued at approximately $100,000. Renaissance Technologies LLC owned approximately 1.21% of Treasure Global as of its most recent SEC filing.

Treasure Global Stock Performance

TGL stock opened at $0.08 on Monday. The firm has a 50 day moving average of $0.16 and a 200-day moving average of $0.39. Treasure Global has a 12 month low of $0.08 and a 12 month high of $6.04.

Treasure Global (NASDAQ:TGL) last posted its earnings results on Friday, February 14th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $300 billion during the quarter. Treasure Global had a negative return on equity of 57.02% and a negative net margin of 185.07%.

Treasure Global Company Profile

Treasure Global Inc offers e-commerce activities through its platform. Its platform provides consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. The company offers ZCITY App, a payment gateway platform.