Top Wealth Group Holding Limited (NASDAQ:TWG) Sees Significant Decrease in Short Interest

Top Wealth Group Holding Limited (NASDAQ:TWG) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 187,100 shares, a decline of 78.1% from the October 31st total of 856,000 shares. Currently, 9.4% of the shares of the company are short sold. Based on an average trading volume of 9,220,000 shares, the days-to-cover ratio is currently 0.0 days.

Top Wealth Group Trading Down 7.5 %

Shares of Top Wealth Group stock traded down $0.02 on Friday, hitting $0.28. 1,056,424 shares of the company’s stock were exchanged, compared to its average volume of 4,173,794. Top Wealth Group has a 1 year low of $0.17 and a 1 year high of $13.50. The company has a 50-day simple moving average of $2.27 and a 200-day simple moving average of $1.38.

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.