The Premio O. Henry is a prestigious literary award presented annually for outstanding short stories. Established in 1919, it honors the best short fiction published in American magazines during the previous year. The award is named after the famous American author O. Henry, known for his witty and clever storytelling. Winners of the Premio O. Henry receive a cash prize and are often featured in an anthology that showcases the selected stories. The award aims to celebrate the art of short fiction and encourage writers to continue producing high-quality narratives that resonate with readers.