Prestige Wealth Inc. (NASDAQ:PWM) Short Interest Down 91.9% in September

Prestige Wealth Inc. (NASDAQ:PWM) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 5,600 shares, a drop of 91.9% from the August 31st total of 68,900 shares. Currently, 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 961,700 shares, the short-interest ratio is presently 0.0 days.

Prestige Wealth Price Performance

Shares of PWM traded up $0.10 during trading hours on Friday, reaching $0.87. The stock had a trading volume of 171,094 shares, compared to its average volume of 421,645. The firm has a 50-day moving average of $0.83 and a 200 day moving average of $1.01. Prestige Wealth has a 52 week low of $0.67 and a 52 week high of $5.13.

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.