HWH International Inc. (NASDAQ:HWH) Sees Large Decline in Short Interest

HWH International Inc. (NASDAQ:HWH) was the recipient of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 42,300 shares, a drop of 87.1% from the January 31st total of 328,000 shares. Based on an average trading volume of 1,540,000 shares, the short-interest ratio is currently 0.0 days.

Insiders Place Their Bets

In other HWH International news, Director Heng Fai Ambrose Chan purchased 260,000 shares of the business’s stock in a transaction dated Tuesday, December 24th. The shares were bought at an average price of $2.25 per share, with a total value of $585,000.00. Following the completion of the acquisition, the director now owns 2,537,590 shares in the company, valued at approximately $5,709,577.50. This represents a 11.42 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 77.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On HWH International

An institutional investor recently raised its position in HWH International stock. Geode Capital Management LLC grew its stake in shares of HWH International Inc. (NASDAQ:HWH) by 303.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,957 shares of the company’s stock after buying an additional 40,583 shares during the quarter. Geode Capital Management LLC owned about 0.17% of HWH International worth $34,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 25.66% of the company’s stock.

HWH International Trading Down 7.0 %

HWH stock traded down $0.13 during trading on Thursday, reaching $1.73. 215,121 shares of the company’s stock were exchanged, compared to its average volume of 2,380,966. HWH International has a 1-year low of $1.27 and a 1-year high of $15.75. The company’s fifty day moving average price is $2.07 and its 200-day moving average price is $3.02.

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.