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Understanding the Risks of Investing in HWH International Inc (HWH)

HWH International Inc’s recent filing unveils that its Director Chan Heng Fai Ambrose acquired Company’s shares for reported $0.58 million on Dec 24 ’24. In the deal valued at $0.45 per share,1,300,000 shares were bought. As a result of this transaction, Chan Heng Fai Ambrose now holds 12,687,954 shares worth roughly $5.84 million.

Then, Chan Heng Fai Ambrose bought 4,411,764 shares, generating $3,000,000 in total proceeds. Upon buying the shares at $0.68, the Director now owns 11,387,954 shares.

Before that, Chan Heng Fai Ambrose bought 6,034,537 shares. HWH International Inc shares valued at $3,801,758 were divested by the Chief Executive Officer at a price of $0.63 per share. As a result of the transaction, Chan Heng Fai Ambrose now holds 19,264,692 shares, worth roughly $8.86 million.

Price Performance Review of HWH

On Friday, HWH International Inc [NASDAQ:HWH] saw its stock fall -28.80% to $0.46. Over the last five days, the stock has lost -12.81%. HWH International Inc shares have fallen nearly -28.35% since the year began. Nevertheless, the stocks have fallen -95.42% over the past one year. While a 52-week high of $4.79 was reached on 01/02/25, a 52-week low of $0.39 was recorded on 01/03/25. SMA at 50 days reached $0.7070, while 200 days put it at $0.9210.

Levels Of Support And Resistance For HWH Stock

The 24-hour chart illustrates a support level at 0.4114, which if violated will result in even more drops to 0.3607. On the upside, there is a resistance level at 0.4964. A further resistance level may holdings at 0.5307. The Relative Strength Index (RSI) on the 14-day chart is 40.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0382, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.47%. Stochastics %K at 59.10% indicates the stock is a holding.

How much short interest is there in HWH International Inc?

A steep rise in short interest was recorded in HWH International Inc stocks on 2024-12-13, growing by 0.58 million shares to a total of 0.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 46269.0 shares. There was a rise of 92.58%, which implies that there is a positive sentiment for the stock.

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