HWH International Inc. (NASDAQ:HWH) Sees Large Decrease in Short Interest

HWH International Inc. (NASDAQ:HWH) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 42,300 shares, a decline of 87.1% from the January 31st total of 328,000 shares. Based on an average daily trading volume, of 1,540,000 shares, the short-interest ratio is currently 0.0 days.

HWH International Stock Performance

Shares of NASDAQ:HWH opened at $1.73 on Friday. HWH International has a 52-week low of $1.27 and a 52-week high of $15.75. The business has a fifty day moving average of $2.05 and a two-hundred day moving average of $3.01.

Insiders Place Their Bets

In other HWH International news, Director Heng Fai Ambrose Chan purchased 260,000 shares of the firm’s stock in a transaction dated Tuesday, December 24th. The shares were purchased at an average cost of $2.25 per share, with a total value of $585,000.00. Following the completion of the purchase, the director now owns 2,537,590 shares in the company, valued at approximately $5,709,577.50. This represents a 11.42 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 77.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On HWH International

An institutional investor recently raised its position in HWH International stock. Geode Capital Management LLC grew its position in HWH International Inc. (NASDAQ:HWH) by 303.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,957 shares of the company’s stock after buying an additional 40,583 shares during the period. Geode Capital Management LLC owned 0.17% of HWH International worth $34,000 as of its most recent SEC filing. 25.66% of the stock is currently owned by institutional investors and hedge funds.

About HWH International

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.