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

VS MEDIA Holdings Limited (NASDAQ:VSME) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 525,900 shares, a growth of 1,862.3% from the August 15th total of 26,800 shares. Based on an average daily trading volume, of 1,010,000 shares, the short-interest ratio is presently 0.5 days. Currently, 1.1% of the company’s stock are sold short. Currently, 1.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,010,000 shares, the short-interest ratio is presently 0.5 days.

VS MEDIA Stock Up 1.9%

Shares of VS MEDIA stock opened at $2.66 on Friday. VS MEDIA has a one year low of $0.51 and a one year high of $3.69. The business has a 50-day simple moving average of $1.52 and a 200 day simple moving average of $1.13.

VS MEDIA Company Profile

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.