HWH International Inc. (NASDAQ:HWH) Sees Large Increase in Short Interest

HWH International Inc. (NASDAQ:HWH) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,120,000 shares, an increase of 2,319.0% from the November 15th total of 46,300 shares. Approximately 5.0% of the shares of the company are sold short. Based on an average daily volume of 802,300 shares, the short-interest ratio is presently 1.4 days.

HWH International Stock Down 3.2 %

HWH opened at $0.61 on Friday. The business’s 50 day moving average is $0.80 and its 200-day moving average is $0.81. HWH International has a twelve month low of $0.41 and a twelve month high of $10.80.

Insider Buying and Selling at HWH International

In related news, Director Heng Fai Ambrose Chan acquired 4,411,764 shares of HWH International stock in a transaction that occurred on Monday, November 25th. The stock was acquired at an average price of $0.68 per share, for a total transaction of $2,999,999.52. Following the transaction, the director now directly owns 11,387,954 shares of the company’s stock, valued at $7,743,808.72. This trade represents a 63.24 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 86.60% of the stock is 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.