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

HWH International Inc. (NASDAQ:HWH) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 91,900 shares, an increase of 117.3% from the February 13th total of 42,300 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily trading volume, of 1,450,000 shares, the short-interest ratio is currently 0.1 days.

Insiders Place Their Bets

In other news, Director Heng Fai Ambrose Chan acquired 260,000 shares of the business’s stock in a transaction on Tuesday, December 24th. The stock was bought at an average price of $2.25 per share, with a total value of $585,000.00. Following the completion of the acquisition, the director now owns 2,537,590 shares of the company’s stock, valued at approximately $5,709,577.50. This represents a 11.42 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 77.30% of the company’s stock.

Hedge Funds Weigh In On HWH International

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

HWH International Stock Performance

HWH traded up $0.05 on Friday, reaching $1.62. 18,980 shares of the company’s stock were exchanged, compared to its average volume of 496,793. HWH International has a twelve month low of $1.27 and a twelve month high of $15.75. The stock’s fifty day moving average price is $1.82 and its 200-day moving average price is $2.93.

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.