HWH International Inc. (NASDAQ:HWH) Sees Significant Increase in Short Interest

HWH International Inc. (NASDAQ:HWH) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 91,900 shares, a growth of 117.3% from the February 13th total of 42,300 shares. Based on an average daily volume of 1,450,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.3% of the shares of the stock are short sold.

Insider Activity

In related news, Director Heng Fai Ambrose Chan bought 260,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 24th. The shares were acquired at an average cost of $2.25 per share, with a total value of $585,000.00. Following the completion of the transaction, the director now owns 2,537,590 shares of the company’s stock, valued at approximately $5,709,577.50. The trade was a 11.42 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 77.30% of the company’s stock.

Institutional Trading of HWH International

An institutional investor recently raised its position in HWH International stock. Geode Capital Management LLC grew its position in shares of HWH International Inc. (NASDAQ:HWH) by 303.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 53,957 shares of the company’s stock after acquiring 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 SEC. 25.66% of the stock is currently owned by institutional investors.

HWH International Trading Up 3.2 %

NASDAQ HWH traded up $0.05 during mid-day trading on Friday, hitting $1.62. The company’s stock had a trading volume of 18,980 shares, compared to its average volume of 496,793. The stock’s fifty day simple moving average is $1.82 and its two-hundred day simple moving average is $2.93. HWH International has a 52-week low of $1.27 and a 52-week high of $15.75.

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.