Temple & Webster Group Ltd (OTCMKTS:TPLWF – Get Free Report) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 119,740 shares, a decline of 37.3% from the May 31st total of 191,089 shares. Based on an average daily volume of 11,776 shares, the short-interest ratio is presently 10.2 days.
Temple & Webster Group Stock Performance
TPLWF opened at $4.19 on Thursday. The business has a 50 day moving average price of $3.98 and a two-hundred day moving average price of $6.64. Temple & Webster Group has a 1-year low of $3.30 and a 1-year high of $8.90.
About Temple & Webster Group
Temple & Webster Group is an Australian-based e-commerce retailer specializing in furniture, homewares and décor. The company operates a digital marketplace that connects consumers with a broad network of independent suppliers, designers and manufacturers. Through its online platform, Temple & Webster offers a curated selection of indoor and outdoor furniture, lighting, textiles and decorative accessories aimed at both style-conscious homeowners and professional interior designers.
Founded in 2011 by entrepreneurs Mark Coulter and Michael Hingley, Temple & Webster has grown rapidly by leveraging a direct-to-consumer model and proprietary technology to streamline the shopping experience.
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