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

VS MEDIA Holdings Limited (NASDAQ:VSME) was the recipient of a large decrease in short interest in March. As of March 13th, there was short interest totaling 95,915 shares, a decrease of 13.9% from the February 26th total of 111,386 shares. Based on an average daily trading volume, of 186,155 shares, the days-to-cover ratio is currently 0.5 days. Currently, 3.5% of the shares of the stock are short sold.

VS MEDIA Trading Down 1.0%

Shares of VSME opened at $1.00 on Wednesday. VS MEDIA has a fifty-two week low of $1.00 and a fifty-two week high of $64.20. The stock has a fifty day moving average of $1.35 and a two-hundred day moving average of $12.30.

Analyst Ratings Changes

A number of research firms have recently weighed in on VSME. Weiss Ratings reissued a “sell (e+)” rating on shares of VS MEDIA in a report on Friday. Wall Street Zen raised shares of VS MEDIA to a “sell” rating in a research note on Saturday, January 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

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.