Temple & Webster Group Ltd (OTCMKTS:TPLWF – Get Rating) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 89,500 shares, an increase of 240.3% from the February 13th total of 26,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Temple & Webster Group Price Performance
OTCMKTS TPLWF opened at $3.61 on Friday. The stock’s 50-day moving average is $3.43 and its 200-day moving average is $3.19. Temple & Webster Group has a one year low of $2.19 and a one year high of $5.85.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded shares of Temple & Webster Group from a “buy” rating to a “conviction-buy” rating in a research report on Monday, January 30th.
About Temple & Webster Group
Temple & Webster Group Ltd engages in the online retail of furniture, homewares, and home improvement products in Australia. It offers sofas, living room and outdoor furniture, lighting, rugs, baby and kids, cookware, and Christmas décor products. The company operates the Temple & Webster online platform, which offers approximately 200,000 products.
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