Short Interest in Top Wealth Group Holding Limited (NASDAQ:TWG) Rises By 413.8%

Top Wealth Group Holding Limited (NASDAQ:TWG) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 3,920,000 shares, a growth of 413.8% from the March 15th total of 763,000 shares. Currently, 7.0% of the company’s shares are short sold. Based on an average daily trading volume, of 3,790,000 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Top Wealth Group

A hedge fund recently bought a new stake in Top Wealth Group stock. XTX Topco Ltd acquired a new stake in Top Wealth Group Holding Limited (NASDAQ:TWG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 158,761 shares of the company’s stock, valued at approximately $44,000. XTX Topco Ltd owned 0.28% of Top Wealth Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Top Wealth Group Trading Up 8.4 %

TWG opened at $0.15 on Wednesday. Top Wealth Group has a one year low of $0.13 and a one year high of $13.50. The business’s 50 day moving average price is $0.17 and its 200 day moving average price is $0.85.

Top Wealth Group Company Profile

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.