Top Wealth Group Holding Limited (NASDAQ:TWG) Sees Large Growth in Short Interest

Top Wealth Group Holding Limited (NASDAQ:TWG) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 3,920,000 shares, an increase of 413.8% from the March 15th total of 763,000 shares. Based on an average daily volume of 3,790,000 shares, the short-interest ratio is presently 1.0 days. Currently, 7.0% of the shares of the stock are sold short.

Top Wealth Group Stock Up 3.4 %

Shares of Top Wealth Group stock traded up $0.00 on Monday, reaching $0.14. The company’s stock had a trading volume of 959,864 shares, compared to its average volume of 3,807,364. Top Wealth Group has a 52-week low of $0.13 and a 52-week high of $13.50. The stock has a 50-day moving average price of $0.18 and a 200-day moving average price of $0.87.

Hedge Funds Weigh In On Top Wealth Group

An institutional investor recently bought a new position in Top Wealth Group stock. XTX Topco Ltd purchased a new stake in Top Wealth Group Holding Limited (NASDAQ:TWG) during the fourth quarter, according to its most recent disclosure with the SEC. The firm 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.

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.