Short Interest in Top Wealth Group Holding Limited (NASDAQ:TWG) Drops By 35.2%

Top Wealth Group Holding Limited (NASDAQ:TWG) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 549,800 shares, a decrease of 35.2% from the December 31st total of 849,000 shares. Based on an average daily volume of 7,060,000 shares, the short-interest ratio is presently 0.1 days. Currently, 27.5% of the shares of the company are sold short.

Top Wealth Group Stock Performance

NASDAQ TWG traded up $0.00 during mid-day trading on Friday, reaching $0.22. 572,331 shares of the stock were exchanged, compared to its average volume of 862,179. Top Wealth Group has a 1 year low of $0.17 and a 1 year high of $13.50. The business’s 50 day moving average is $0.25 and its 200-day moving average is $1.17.

About Top Wealth Group

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.