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

Top Wealth Group Holding Limited (NASDAQ:TWG) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 710,700 shares, an increase of 29.3% from the January 15th total of 549,800 shares. Currently, 35.5% of the company’s shares are short sold. Based on an average daily volume of 2,660,000 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Top Wealth Group

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

Top Wealth Group Stock Up 6.5 %

TWG stock opened at $0.20 on Friday. Top Wealth Group has a 52 week low of $0.17 and a 52 week high of $13.50. The firm’s fifty day moving average is $0.23 and its 200 day moving average is $1.12.

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.