Prestige Wealth Inc. (NASDAQ:PWM) Short Interest Update
by Mitch Edgeman · The Markets DailyPrestige Wealth Inc. (NASDAQ:PWM – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 41,100 shares, an increase of 101.5% from the September 30th total of 20,400 shares. Approximately 11.9% of the shares of the company are sold short. Based on an average daily trading volume, of 1,040,000 shares, the short-interest ratio is currently 0.0 days.
Prestige Wealth Stock Performance
PWM traded up $0.02 during trading on Friday, hitting $0.81. The stock had a trading volume of 145,934 shares, compared to its average volume of 405,905. Prestige Wealth has a twelve month low of $0.67 and a twelve month high of $3.24. The company’s 50-day moving average price is $0.85 and its 200 day moving average price is $0.91.
About Prestige Wealth
Prestige Wealth Inc, through its subsidiaries, provides wealth management and asset management services. It assists its clients in identifying and purchasing wealth and asset management products. The company offers its services primarily for high net worth and ultra-high net worth individuals, including business owners, executives, heirs of rich families, and other affluent individuals in Asia primarily in the mainland China or Hong Kong.
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