HWH International Inc. (NASDAQ:HWH - Get Free Report) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 42,300 shares, a drop of 87.1% from the January 31st total of 328,000 shares. Based on an average trading volume of 1,540,000 shares, the days-to-cover ratio is currently 0.0 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, for a total transaction of $585,000.00. Following the transaction, the director now owns 2,537,590 shares in the company, valued at $5,709,577.50. This represents a 11.42 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 77.30% of the stock is owned by insiders.
Institutional Investors Weigh In On HWH International
A hedge fund recently raised its stake in HWH International stock. Geode Capital Management LLC lifted its holdings in HWH International Inc. (NASDAQ:HWH - Free Report) by 303.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,957 shares of the company's stock after buying an additional 40,583 shares during the quarter. Geode Capital Management LLC owned 0.17% of HWH International worth $34,000 as of its most recent SEC filing. 25.66% of the stock is owned by institutional investors and hedge funds.
HWH International Stock Down 7.5 %
Shares of NASDAQ:HWH traded down $0.13 during midday trading on Monday, hitting $1.61. The stock had a trading volume of 21,146 shares, compared to its average volume of 2,263,586. HWH International has a 1 year low of $1.27 and a 1 year high of $15.75. The stock has a 50 day moving average price of $2.04 and a two-hundred day moving average price of $3.02.
About HWH International
(
Get Free Report)
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.
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