HWH International Inc. (NASDAQ:HWH) Short Interest Up 74.7% in December

HWH International Inc. (NASDAQ:HWH) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,090,000 shares, a growth of 74.7% from the December 15th total of 623,800 shares. Based on an average daily volume of 995,900 shares, the days-to-cover ratio is presently 1.1 days.

HWH International Stock Performance

Shares of HWH traded up $0.01 during mid-day trading on Wednesday, reaching $0.39. 305,423 shares of the company’s stock traded hands, compared to its average volume of 1,663,214. The business’s 50-day moving average price is $0.65 and its 200-day moving average price is $0.72. HWH International has a 12 month low of $0.35 and a 12 month high of $3.15.

Insider Activity at HWH International

In other news, Director Heng Fai Ambrose Chan bought 1,300,000 shares of HWH International stock in a transaction on Tuesday, December 24th. The stock was purchased at an average cost of $0.45 per share, with a total value of $585,000.00. Following the purchase, the director now directly owns 12,687,954 shares of the company’s stock, valued at approximately $5,709,579.30. This trade represents a 11.42 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 86.60% of the company’s stock.

HWH International Company Profile

HWH International Inc operates a marketplace to provide products and services for health, wealth, and happiness. The company operates through HWH Marketplace, Hapi Cafés, Hapi Travel, and Hapi Wealth Builder segments. The HWH Marketplace segment provides products manufactured by its affiliate companies at a discounted price to its members.