HWH International Inc. (NASDAQ:HWH) Short Interest Down 87.1% in February

HWH International Inc. (NASDAQ:HWH) saw a significant decline in short interest in February. As of February 15th, there was short interest totalling 42,300 shares, a decline of 87.1% from the January 31st total of 328,000 shares. Based on an average daily volume of 1,540,000 shares, the short-interest ratio is presently 0.0 days.

HWH International Price Performance

Shares of HWH International stock traded down $0.01 during trading hours on Friday, hitting $1.74. The company’s stock had a trading volume of 46,055 shares, compared to its average volume of 2,321,117. The business has a 50 day moving average price of $2.04 and a two-hundred day moving average price of $3.01. HWH International has a 12-month low of $1.27 and a 12-month high of $15.75.

Insider Activity at HWH International

In other HWH International news, Director Heng Fai Ambrose Chan acquired 260,000 shares of the stock in a transaction dated Tuesday, December 24th. The shares were acquired at an average cost of $2.25 per share, for a total transaction of $585,000.00. Following the completion of the transaction, the director now directly owns 2,537,590 shares of the company’s stock, valued at approximately $5,709,577.50. The trade was a 11.42 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 77.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On HWH International

A hedge fund recently raised its stake in HWH International stock. Geode Capital Management LLC increased its position in HWH International Inc. (NASDAQ:HWH) by 303.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,957 shares of the company’s stock after buying an additional 40,583 shares during the period. Geode Capital Management LLC owned 0.17% of HWH International worth $34,000 at the end of the most recent quarter. 25.66% of the stock is currently owned by hedge funds and other institutional investors.

About HWH International

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.