Top KingWin Ltd. (NASDAQ:WAI) Sees Significant Increase in Short Interest

Top KingWin Ltd. (NASDAQ:WAI) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 38,410 shares, an increase of 2,770.7% from the April 30th total of 1,338 shares. Based on an average daily volume of 214,337 shares, the short-interest ratio is presently 0.2 days. Approximately 1.6% of the company’s shares are sold short.

Top KingWin Stock Up 0.5%

Shares of Top KingWin stock traded up $0.01 during trading on Wednesday, hitting $1.86. The company’s stock had a trading volume of 8,338 shares, compared to its average volume of 33,828. The company has a fifty day simple moving average of $2.12 and a two-hundred day simple moving average of $2.36. Top KingWin has a 52 week low of $1.65 and a 52 week high of $94.00.

Top KingWin (NASDAQ:WAI) last issued its quarterly earnings results on Wednesday, April 8th. The company reported ($13.24) earnings per share (EPS) for the quarter. The company had revenue of $2.31 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Top KingWin in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Top KingWin presently has an average rating of “Sell”.

About Top KingWin

Top KingWin Ltd is a provider of capital market related education and support services, as well as advisory and transaction services principally in China. Top KingWin Ltd is based in GUANGZHOU, China.