Prestige Wealth Inc. (NASDAQ:PWM) Short Interest Update

Prestige Wealth Inc. (NASDAQ:PWM) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 284,900 shares, a decline of 21.8% from the December 31st total of 364,400 shares. Approximately 12.4% of the shares of the stock are short sold. Based on an average trading volume of 795,700 shares, the short-interest ratio is presently 0.4 days.

Prestige Wealth Trading Down 2.4 %

Shares of NASDAQ PWM opened at $1.24 on Friday. Prestige Wealth has a 1 year low of $0.67 and a 1 year high of $2.40. The company’s 50-day moving average is $1.36 and its 200 day moving average is $1.03.

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.