Short Interest in HWH International Inc. (NASDAQ:HWH) Grows By 79.2%

HWH International Inc. (NASDAQ:HWH) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 60,400 shares, a growth of 79.2% from the September 15th total of 33,700 shares. Based on an average daily volume of 269,200 shares, the days-to-cover ratio is currently 0.2 days. Currently, 1.8% of the shares of the stock are short sold.

HWH International Stock Performance

HWH traded down $0.01 on Friday, reaching $0.79. 34,860 shares of the company traded hands, compared to its average volume of 612,174. The stock’s 50 day moving average price is $0.65 and its 200-day moving average price is $1.00. HWH International has a 52-week low of $0.41 and a 52-week high of $12.70.

HWH International (NASDAQ:HWH) last announced its quarterly earnings data on Monday, August 12th. The company reported ($0.02) EPS for the quarter. The company had revenue of $0.34 million for the quarter.

Insider Buying and Selling

In other 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 completion of the acquisition, the chief executive officer now directly owns 19,264,692 shares of the company’s stock, valued at $12,136,755.96. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 61.50% 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.