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

HWH International Inc. (NASDAQ:HWH) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 1,090,000 shares, an increase of 74.7% from the December 15th total of 623,800 shares. Based on an average daily volume of 995,900 shares, the short-interest ratio is presently 1.1 days.

HWH International Price Performance

Shares of NASDAQ HWH opened at $0.39 on Friday. The stock’s 50-day simple moving average is $0.64 and its 200-day simple moving average is $0.72. HWH International has a fifty-two week low of $0.35 and a fifty-two week high of $3.15.

Insider Buying and Selling

In other HWH International news, Director Heng Fai Ambrose Chan purchased 1,300,000 shares of the firm’s stock in a transaction on Tuesday, December 24th. The stock was bought at an average cost of $0.45 per share, with a total value of $585,000.00. Following the acquisition, the director now directly owns 12,687,954 shares of the company’s stock, valued at approximately $5,709,579.30. This represents a 11.42 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 86.60% of the company’s stock.

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.