Top Wealth Group Holding Limited (NASDAQ:TWG) Short Interest Down 28.0% in March

Top Wealth Group Holding Limited (NASDAQ:TWG) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 763,000 shares, a decline of 28.0% from the February 28th total of 1,060,000 shares. Currently, 19.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,450,000 shares, the days-to-cover ratio is currently 0.5 days.

Top Wealth Group Price Performance

Shares of NASDAQ:TWG opened at $0.20 on Monday. The stock’s 50 day moving average price is $0.19 and its 200 day moving average price is $0.98. Top Wealth Group has a 12 month low of $0.15 and a 12 month high of $13.50.

Institutional Trading of Top Wealth Group

An institutional investor recently bought a new position in Top Wealth Group stock. XTX Topco Ltd purchased a new position in Top Wealth Group Holding Limited (NASDAQ:TWG) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 158,761 shares of the company’s stock, valued at approximately $44,000. XTX Topco Ltd owned approximately 0.28% of Top Wealth Group at the end of the most recent quarter.

Top Wealth Group Company Profile

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.