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

HWH International Inc. (NASDAQ:HWH) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 57,300 shares, a decrease of 37.0% from the October 15th total of 90,900 shares. Currently, 1.7% of the shares of the company are sold short. Based on an average daily trading volume, of 265,300 shares, the short-interest ratio is presently 0.2 days.

HWH International Stock Performance

Shares of HWH opened at $0.72 on Friday. HWH International has a 1 year low of $0.41 and a 1 year high of $12.70. The stock has a 50-day simple moving average of $0.74 and a 200-day simple moving average of $0.89.

Insider Buying and Selling

In other HWH International news, CEO Heng Fai Ambrose Chan acquired 6,034,537 shares of the company’s stock in a transaction on Tuesday, September 24th. The shares were bought at an average cost of $0.63 per share, with a total value of $3,801,758.31. Following the completion of the acquisition, the chief executive officer now owns 19,264,692 shares in the company, valued at approximately $12,136,755.96. This trade represents a 45.61 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 86.60% of the stock is currently owned by insiders.

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.