Short Interest in Top Wealth Group Holding Limited (NASDAQ:TWG) Increases By 28.4%

Top Wealth Group Holding Limited (NASDAQ:TWG) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 849,000 shares, a growth of 28.4% from the December 15th total of 661,000 shares. Currently, 42.5% of the company’s stock are sold short. Based on an average daily volume of 9,730,000 shares, the short-interest ratio is currently 0.1 days.

Top Wealth Group Price Performance

NASDAQ TWG opened at $0.22 on Friday. The business has a 50 day simple moving average of $0.26 and a 200 day simple moving average of $1.20. Top Wealth Group has a 52-week low of $0.17 and a 52-week high of $13.50.

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.