Prestige Wealth Inc. (NASDAQ:PWM) Short Interest Update

Prestige Wealth Inc. (NASDAQ:PWM) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 284,900 shares, a decline of 21.8% from the December 31st total of 364,400 shares. Approximately 12.4% of the company’s stock are short sold. Based on an average daily volume of 795,700 shares, the days-to-cover ratio is currently 0.4 days.

Prestige Wealth Stock Performance

Shares of NASDAQ PWM traded up $0.24 during trading on Friday, hitting $1.48. The stock had a trading volume of 762,576 shares, compared to its average volume of 391,571. The firm has a fifty day moving average of $1.37 and a two-hundred day moving average of $1.04. Prestige Wealth has a 12 month low of $0.67 and a 12 month high of $2.40.

About Prestige Wealth

Prestige Wealth Inc, through its subsidiaries, provides wealth management and asset management services. It assists its clients in identifying and purchasing wealth and asset management products. The company offers its services primarily for high net worth and ultra-high net worth individuals, including business owners, executives, heirs of rich families, and other affluent individuals in Asia primarily in the mainland China or Hong Kong.