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

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$0.31 +0.03 (+10.75%)
(As of 11/22/2024 ET)

Top Wealth Group Short Interest Data

Top Wealth Group (TWG) has a short interest of 856,000 shares, representing 42.80% of the float (the number of shares available for trading by the public). This marks a -72.03% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.1, indicating that it would take 0.1 days of the average trading volume of 19.59 million shares to cover all short positions.

Current Short Interest
856,000 shares
Previous Short Interest
3,060,000 shares
Change Vs. Previous Month
-72.03%
Dollar Volume Sold Short
$434,848.00
Short Interest Ratio
0.1 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
56,000,000 shares
Float Size
2,000,000 shares
Short Percent of Float
42.80%
Today's Trading Volume
5,200,058 shares
Average Trading Volume
19,590,278 shares
Today's Volume Vs. Average
27%
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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
10/31/2024856,000 shares $434,848.00 -72.0%42.8%0.1 $0.51
10/15/20243,060,000 shares $13.62 million +1,969.0%N/A1 $4.45
9/30/2024147,900 shares $267,699.00 +87.2%7.4%0.7 $1.81
9/15/202479,000 shares $80,975.00 -22.5%4.0%0.5 $1.03
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 closed out or covered. As of October 31st, traders have sold 856,000 shares of TWG short. 42.80% 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 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. 42.80% 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 decline in short interest in the month of October. As of October 31st, there was short interest totaling 856,000 shares, a decline of 72.0% from the previous total of 3,060,000 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 56,000,000 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?

42.80% of Top Wealth Group's shares are currently sold short. Here is how the short interest of companies compare to Top Wealth Group: Chanson International Holding (17.52%), Sow Good Inc. (7.83%), Barfresh Food Group, Inc. (0.66%), Benson Hill, Inc. (2.32%), Australian Oilseeds Holdings Limited (0.25%), Rocky Mountain Chocolate Factory, Inc. (0.76%), BranchOut Food Inc. (6.81%), TDH Holdings, Inc. (1.84%), The Real Good Food Company, Inc. (1.64%), Stryve Foods, Inc. (16.23%),

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. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 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 $0.03 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 increases 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 October, 31 2024.




This page (NASDAQ:TWG) was last updated on 11/23/2024 by MarketBeat.com Staff
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