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Top Wealth Group (TWG) Short Interest Ratio & Short Volume

$1.13
+0.11 (+10.24%)
(As of 03:08 PM ET)

Top Wealth Group Short Interest Data

Top Wealth Group (TWG) has a short interest of 101,900 shares, representing 5.10% of the float (the number of shares available for trading by the public). This marks a 3.56% increase in short interest from the previous month. The short interest ratio (days to cover) is 1.0, indicating that it would take 1.0 days of the average trading volume of 564,393 shares to cover all short positions.

Current Short Interest
101,900 shares
Previous Short Interest
98,400 shares
Change Vs. Previous Month
+3.56%
Dollar Volume Sold Short
$74,978.02
Short Interest Ratio
1.0 Days to Cover
Last Record Date
August 31, 2024
Outstanding Shares
29,000,000 shares
Float Size
2,000,000 shares
Short Percent of Float
5.10%
Today's Trading Volume
157,980 shares
Average Trading Volume
564,393 shares
Today's Volume Vs. Average
28%
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TWG Short Interest Over Time

TWG Days to Cover Over Time

TWG Percentage of Float Shorted Over Time

Top Wealth Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
8/31/2024101,900 shares $74,978.02 +3.6%5.1%1 $0.74
8/15/202498,400 shares $79,507.20 +11.7%4.9%1 $0.81
7/31/202488,100 shares $76,647.00 +8.1%4.4%0.7 $0.87
7/15/202481,500 shares $63,162.50 No Change4.1%0.4 $0.78

TWG Short Interest - Frequently Asked Questions

What is Top Wealth Group's current short interest?

Short interest is the volume of Top Wealth Group shares that have been sold short but have not yet been covered or closed out. As of August 31st, traders have sold 101,900 shares of TWG short. 5.10% of Top Wealth Group's shares are currently sold short. Learn More on Top Wealth Group's current short interest.

What is a good short interest ratio for Top Wealth Group?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. TWG shares currently have a short interest ratio of 1.0. Learn More on Top Wealth Group's short interest ratio.

What is a good short interest percentage for Top Wealth Group?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 5.10% of Top Wealth Group's floating shares are currently sold short.

Is Top Wealth Group's short interest increasing or decreasing?

Top Wealth Group saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 101,900 shares, an increase of 3.6% from the previous total of 98,400 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Top Wealth Group's float size?

Top Wealth Group currently has issued a total of 29,000,000 shares. Some of Top Wealth Group's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Top Wealth Group currently has a public float of 2,000,000 shares.

How does Top Wealth Group's short interest compare to its competitors?

5.10% of Top Wealth Group's shares are currently sold short. Here is how the short interest of companies compare to Top Wealth Group: Sow Good Inc. (6.81%), Barfresh Food Group, Inc. (0.56%), Australian Oilseeds Holdings Limited (0.38%), The Real Good Food Company, Inc. (1.11%), TDH Holdings, Inc. (0.10%), Rocky Mountain Chocolate Factory, Inc. (0.36%), BranchOut Food Inc. (41.56%), Chanson International Holding (2.60%), Stryve Foods, Inc. (2.03%), Steakholder Foods Ltd. (1.61%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.11 billion), Canadian Natural Resources Limited ($4.04 billion), Suncor Energy Inc. ($3.19 billion), Aptiv PLC ($2.56 billion), Paychex, Inc. ($2.48 billion), Cencora, Inc. ($2.28 billion), Onsemi ($2.08 billion), Moderna, Inc. ($1.98 billion), Tractor Supply ($1.93 billion), and International Paper ($1.93 billion). View all of the most shorted stocks.

What does it mean to sell short Top Wealth Group stock?

Short selling TWG is an investing strategy that aims to generate trading profit from Top Wealth Group as its price is falling. TWG shares are trading up $0.11 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Top Wealth Group?

A short squeeze for Top Wealth Group occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of TWG, which in turn drives the price of the stock up even further.

How often is Top Wealth Group's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including TWG, twice per month. The most recent reporting period available is August, 31 2024.



This page (NASDAQ:TWG) was last updated on 9/16/2024 by MarketBeat.com Staff

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