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

Top Wealth Group Holding Limited (NASDAQ:TWG) was the recipient of a significant decline in short interest in 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. Approximately 42.8% of the shares of the company are sold short. Based on an average daily volume of 7,680,000 shares, the days-to-cover ratio is presently 0.1 days.

Top Wealth Group Trading Down 4.2 %

TWG stock traded down $0.02 during midday trading on Tuesday, reaching $0.39. 394,569 shares of the company were exchanged, compared to its average volume of 3,816,722. The business has a 50-day moving average price of $2.47 and a two-hundred day moving average price 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.