HWH International Inc. (NASDAQ:HWH) Short Interest Down 37.0% in October

HWH International Inc. (NASDAQ:HWH) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 57,300 shares, a drop of 37.0% from the October 15th total of 90,900 shares. Based on an average daily volume of 265,300 shares, the days-to-cover ratio is presently 0.2 days. Currently, 1.7% of the company’s stock are short sold.

HWH International Price Performance

HWH opened at $0.72 on Friday. The business has a 50 day moving average of $0.74 and a 200-day moving average of $0.89. HWH International has a 1-year low of $0.41 and a 1-year high of $12.70.

Insider Buying and Selling

In other HWH International news, CEO Heng Fai Ambrose Chan purchased 6,034,537 shares of the business’s stock in a transaction dated Tuesday, September 24th. The shares were acquired at an average price of $0.63 per share, for a total transaction of $3,801,758.31. Following the acquisition, the chief executive officer now owns 19,264,692 shares of the company’s stock, valued at $12,136,755.96. This trade represents a 45.61 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 86.60% of the stock is currently owned by corporate insiders.

HWH International Company Profile

HWH International Inc operates a marketplace to provide products and services for health, wealth, and happiness. The company operates through HWH Marketplace, Hapi Cafés, Hapi Travel, and Hapi Wealth Builder segments. The HWH Marketplace segment provides products manufactured by its affiliate companies at a discounted price to its members.