VS MEDIA Holdings Limited (NASDAQ:VSME) Short Interest Update

VS MEDIA Holdings Limited (NASDAQ:VSME) was the target of a large drop in short interest in January. As of January 15th, there was short interest totaling 86,701 shares, a drop of 92.7% from the December 31st total of 1,192,014 shares. Approximately 3.2% of the company’s stock are short sold. Based on an average trading volume of 680,266 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 680,266 shares, the days-to-cover ratio is currently 0.1 days. Approximately 3.2% of the company’s stock are short sold.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of VS MEDIA in a research report on Monday, December 29th. Wall Street Zen upgraded shares of VS MEDIA to a “sell” rating in a research note on Saturday, January 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

VS MEDIA Price Performance

VSME opened at $1.95 on Wednesday. VS MEDIA has a 12-month low of $1.39 and a 12-month high of $64.20. The firm has a 50 day moving average of $2.06 and a two-hundred day moving average of $21.08.

VS MEDIA (NASDAQ:VSME) last issued its earnings results on Friday, October 31st. The company reported ($1.95) earnings per share (EPS) for the quarter. The company had revenue of $1.63 million for the quarter.

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.