Top Wealth Group Holding Limited (NASDAQ:TWG) Short Interest Up 1,969.0% in October

Top Wealth Group Holding Limited (NASDAQ:TWG) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 3,060,000 shares, an increase of 1,969.0% from the September 30th total of 147,900 shares. Based on an average daily trading volume, of 3,050,000 shares, the short-interest ratio is presently 1.0 days.

Top Wealth Group Price Performance

Shares of TWG stock traded down $12.96 during trading hours on Friday, reaching $0.54. 68,887,559 shares of the stock traded hands, compared to its average volume of 2,358,815. The firm has a fifty day moving average of $2.53. Top Wealth Group has a 1-year low of $0.52 and a 1-year high of $13.50.

Top Wealth Group Company Profile

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.