VCI Global Limited (NASDAQ:VCIG) Short Interest Update

VCI Global Limited (NASDAQ:VCIG) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 637,200 shares, a growth of 16.7% from the February 13th total of 546,000 shares. Based on an average daily volume of 3,560,000 shares, the short-interest ratio is currently 0.2 days. Approximately 1.9% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in VCI Global stock. Millennium Management LLC purchased a new position in shares of VCI Global Limited (NASDAQ:VCIG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 14,144 shares of the company’s stock, valued at approximately $25,000. Millennium Management LLC owned approximately 0.11% of VCI Global as of its most recent SEC filing. Institutional investors and hedge funds own 0.20% of the company’s stock.

VCI Global Price Performance

NASDAQ VCIG opened at $0.83 on Friday. VCI Global has a 52-week low of $0.54 and a 52-week high of $68.60. The firm has a 50-day moving average price of $0.99 and a 200 day moving average price of $2.91.

VCI Global Company Profile

VCI Global Limited, together with its subsidiaries, provides business and technology consulting services in Malaysia. The company offers business strategy consultancy services, including listing solutions, investors relations, and boardroom strategies consultancy. It also provides technology consultancy services and solutions, such as digital development, fintech solution, and software solutions.