Alset Inc. (NASDAQ:AEI) Short Interest Update

Alset Inc. (NASDAQ:AEI) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 222,700 shares, a growth of 37.6% from the January 31st total of 161,900 shares. Based on an average trading volume of 962,600 shares, the short-interest ratio is currently 0.2 days. Approximately 5.2% of the shares of the stock are short sold.

Insider Buying and Selling at Alset

In related news, Director Heng Fai Ambrose Chan acquired 205,149 shares of Alset stock in a transaction dated Tuesday, December 10th. The shares were purchased at an average cost of $0.97 per share, with a total value of $198,994.53. Following the completion of the purchase, the director now owns 1,184,475 shares of the company’s stock, valued at $1,148,940.75. This represents a 20.95 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have acquired 1,816,453 shares of company stock worth $1,080,805 over the last ninety days. Insiders own 66.70% of the company’s stock.

Alset Price Performance

Shares of AEI stock opened at $0.91 on Tuesday. The business has a 50-day moving average of $0.97 and a 200 day moving average of $1.17. The stock has a market capitalization of $9.79 million, a PE ratio of -0.21 and a beta of 1.27. Alset has a 1-year low of $0.46 and a 1-year high of $2.61.

Alset Company Profile

Alset Inc engages in the real estate development, financial services, digital transformation technologies, biohealth activities, and consumer products businesses in the United States, Singapore, Hong Kong, Australia, and South Korea. It operates through four segments: Real Estate, Digital Transformation Technology, Biohealth, and Other Business Activities segments.