Temple & Webster Group Ltd (OTCMKTS:TPLWF) Sees Large Increase in Short Interest

Temple & Webster Group Ltd (OTCMKTS:TPLWF) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 83,200 shares, an increase of 281.7% from the August 15th total of 21,800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Temple & Webster Group Stock Performance

Shares of Temple & Webster Group stock remained flat at $3.61 during midday trading on Thursday. 3,230 shares of the stock were exchanged, compared to its average volume of 1,650. The firm has a 50 day moving average of $3.61 and a 200 day moving average of $3.61. Temple & Webster Group has a fifty-two week low of $2.19 and a fifty-two week high of $5.85.

Temple & Webster Group Company Profile

Temple & Webster Group Ltd engages in the online retail of furniture, homewares, and home improvement products in Australia. The company operates the Temple & Webster online platform, which offers approximately 200,000 products. Temple & Webster Group Ltd was founded in 2011 and is headquartered in St Peters, Australia.