VS MEDIA Holdings Limited (NASDAQ:VSME) Sees Large Increase in Short Interest

VS MEDIA Holdings Limited (NASDAQ:VSME) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 89,300 shares, an increase of 458.1% from the December 31st total of 16,000 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average daily volume of 364,400 shares, the short-interest ratio is presently 0.2 days.

VS MEDIA Trading Down 3.6 %

VSME stock traded down $0.04 during mid-day trading on Thursday, reaching $1.06. The company’s stock had a trading volume of 29,680 shares, compared to its average volume of 579,274. VS MEDIA has a 12 month low of $0.65 and a 12 month high of $5.04. The business’s 50 day moving average price is $1.15 and its 200 day moving average price is $1.20.

About VS MEDIA

VS MEDIA Holdings Limited, an investment holding company, operates a network of digital creators who create and upload content to social media platforms, such as Facebook, YouTube, Instagram, and TikTok. The company was founded in 2013 and is based in Kwun Tong, Hong Kong.