Top Wealth Group Holding Limited (NASDAQ:TWG) Sees Large Increase in Short Interest

Top Wealth Group Holding Limited (NASDAQ:TWG) was the recipient of a large increase in short interest in November. As of November 30th, there was short interest totalling 767,000 shares, an increase of 309.9% from the November 15th total of 187,100 shares. Currently, 38.4% of the shares of the stock are sold short. Based on an average daily volume of 9,350,000 shares, the short-interest ratio is presently 0.1 days.

Top Wealth Group Trading Down 7.8 %

Shares of TWG stock traded down $0.02 on Friday, hitting $0.23. 995,600 shares of the stock traded hands, compared to its average volume of 3,984,156. The firm’s 50-day moving average price is $1.94 and its two-hundred day moving average price is $1.32. Top Wealth Group has a twelve month low of $0.17 and a twelve month high of $13.50.

About Top Wealth Group

Top Wealth Group Holding Limited, through its subsidiaries, provides caviar and caviar-based gourmet products in Hong Kong and internationally. The company also trades in caviars; and offers its products under the Imperial Cristal Caviar brand name. It serves food and beverage related distributors. The company was founded in 2009 and is based in Sai Wan, Hong Kong.