Top Wealth Group Holding Limited (NASDAQ:TWG) Short Interest Down 28.0% in March

Top Wealth Group Holding Limited (NASDAQ:TWG) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 763,000 shares, a decline of 28.0% from the February 28th total of 1,060,000 shares. Based on an average daily volume of 1,450,000 shares, the short-interest ratio is presently 0.5 days. Approximately 19.8% of the company’s shares are sold short.

Institutional Trading of Top Wealth Group

An institutional investor recently bought a new position in Top Wealth Group stock. XTX Topco Ltd acquired a new stake in Top Wealth Group Holding Limited (NASDAQ:TWG) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 158,761 shares of the company’s stock, valued at approximately $44,000. XTX Topco Ltd owned approximately 0.28% of Top Wealth Group at the end of the most recent quarter.

Top Wealth Group Price Performance

NASDAQ:TWG opened at $0.16 on Tuesday. Top Wealth Group has a 1-year low of $0.15 and a 1-year high of $13.50. The business’s 50-day moving average price is $0.19 and its two-hundred day moving average price is $0.97.

About Top Wealth Group

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.