HWH International Inc. (NASDAQ:HWH) Sees Significant Growth in Short Interest

HWH International Inc. (NASDAQ:HWH) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 328,000 shares, a growth of 262.4% from the January 15th total of 90,500 shares. Based on an average daily volume of 7,490,000 shares, the days-to-cover ratio is currently 0.0 days.

Insider Activity at HWH International

In other news, Director Heng Fai Ambrose Chan acquired 1,300,000 shares of the stock in a transaction dated Tuesday, December 24th. The stock was bought at an average price of $0.45 per share, with a total value of $585,000.00. Following the completion of the purchase, the director now directly owns 12,687,954 shares of the company’s stock, valued at $5,709,579.30. This represents a 11.42 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 77.30% of the stock is currently owned by insiders.

HWH International Trading Down 7.3 %

Shares of NASDAQ:HWH traded down $0.03 during trading on Wednesday, reaching $0.33. The stock had a trading volume of 225,884 shares, compared to its average volume of 15,576,533. HWH International has a 52 week low of $0.27 and a 52 week high of $3.15. The firm’s fifty day moving average is $0.50 and its 200 day moving average is $0.64.

HWH International Company Profile

HWH International Inc operates a marketplace to provide products and services for health, wealth, and happiness. The company operates through HWH Marketplace, Hapi Cafés, Hapi Travel, and Hapi Wealth Builder segments. The HWH Marketplace segment provides products manufactured by its affiliate companies at a discounted price to its members.