Top Wealth Group Holding Limited (NASDAQ:TWG) Short Interest Update

Top Wealth Group Holding Limited (NASDAQ:TWG) was the target of a large increase in short interest in 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. Currently, 7.0% of the company’s stock are short sold. Based on an average trading volume of 3,790,000 shares, the days-to-cover ratio is presently 1.0 days.

Hedge Funds Weigh In On Top Wealth Group

A hedge fund recently bought a new stake in Top Wealth Group stock. XTX Topco Ltd purchased a new position in shares of Top Wealth Group Holding Limited (NASDAQ:TWG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. 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 reporting period.

Top Wealth Group Trading Up 3.4 %

Shares of TWG traded up $0.00 during mid-day trading 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 12-month low of $0.13 and a 12-month high of $13.50. The company’s 50 day moving average is $0.18 and its 200 day moving average is $0.87.

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.