Top Wealth Group Holding Limited (NASDAQ:TWG) Short Interest Down 72.0% in October

Top Wealth Group Holding Limited (NASDAQ:TWG) saw a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 856,000 shares, a decline of 72.0% from the October 15th total of 3,060,000 shares. Based on an average daily volume of 7,680,000 shares, the short-interest ratio is presently 0.1 days. Currently, 42.8% of the company’s shares are sold short.

Top Wealth Group Stock Performance

TWG stock traded down $0.02 during trading on Tuesday, hitting $0.39. The company had a trading volume of 394,569 shares, compared to its average volume of 3,816,722. The business has a 50-day moving average of $2.47 and a 200-day moving average of $1.48. Top Wealth Group has a one year low of $0.39 and a one year 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.