Top Wealth Group Holding Limited (NASDAQ:TWG) Sees Large Increase in Short Interest

Top Wealth Group Holding Limited (NASDAQ:TWG) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 1,060,000 shares, a growth of 34.5% from the February 13th total of 788,100 shares. Based on an average daily volume of 1,540,000 shares, the short-interest ratio is currently 0.7 days. Currently, 53.0% of the company’s shares are sold short.

Institutional Trading of Top Wealth Group

An institutional investor recently bought a new position in Top Wealth Group stock. XTX Topco Ltd bought a new stake in shares of Top Wealth Group Holding Limited (NASDAQ:TWG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 158,761 shares of the company’s stock, valued at approximately $44,000. XTX Topco Ltd owned approximately 0.28% of Top Wealth Group at the end of the most recent reporting period.

Top Wealth Group Trading Down 0.6 %

Shares of NASDAQ:TWG traded down $0.00 during trading on Tuesday, reaching $0.16. The stock had a trading volume of 169,397 shares, compared to its average volume of 3,342,093. Top Wealth Group has a 52 week low of $0.16 and a 52 week high of $13.50. The firm’s fifty day moving average is $0.20 and its 200 day moving average is $1.02.

About Top Wealth Group

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.