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

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued 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 data from MarketBeat, Top KingWin has an average rating of “Sell”.

Top KingWin Trading Up 0.5%

WAI traded up $0.01 during trading on Wednesday, hitting $1.86. 8,338 shares of the stock traded hands, compared to its average volume of 33,828. The firm has a 50-day moving average of $2.12 and a 200 day moving average of $2.36. Top KingWin has a 12-month low of $1.65 and a 12-month high of $94.00.

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

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.