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

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

VS MEDIA Stock Performance

NASDAQ VSME opened at $2.61 on Friday. VS MEDIA has a 52 week low of $0.51 and a 52 week high of $3.69. The business has a 50 day moving average price of $1.49 and a 200-day moving average price of $1.12.

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.