Prestige Wealth Inc. (NASDAQ:PWM) Short Interest Up 196.3% in December

Prestige Wealth Inc. (NASDAQ:PWMGet Free Report) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 364,400 shares, a growth of 196.3% from the December 15th total of 123,000 shares. Based on an average daily trading volume, of 818,000 shares, the short-interest ratio is presently 0.4 days. Approximately 15.8% of the shares of the company are short sold.

Prestige Wealth Stock Performance

Shares of PWM traded down $0.07 during mid-day trading on Tuesday, hitting $1.40. The stock had a trading volume of 34,623 shares, compared to its average volume of 447,345. Prestige Wealth has a 52 week low of $0.67 and a 52 week high of $2.40. The business has a fifty day moving average price of $1.25 and a 200-day moving average price of $0.98.

Prestige Wealth Company Profile

(Get Free Report)

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.

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