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

VS MEDIA Holdings Limited (NASDAQ:VSME) saw a significant decrease in short interest during the month of August. As of August 15th, there was short interest totaling 26,800 shares, adecreaseof49.9% from the July 31st total of 53,500 shares. Approximately0.1% of the shares of the company are short sold. Based on an average daily volume of 278,700 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 278,700 shares, the days-to-cover ratio is presently 0.1 days. Approximately0.1% of the shares of the company are short sold.

VS MEDIA Stock Down 4.7%

NASDAQ:VSME opened at $2.41 on Friday. The stock has a 50 day moving average of $1.37 and a 200-day moving average of $1.08. VS MEDIA has a 52 week low of $0.51 and a 52 week high of $3.69.

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.