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

VS MEDIA Holdings Limited (NASDAQ:VSME) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 111,386 shares, a growth of 15.8% from the February 12th total of 96,197 shares. Currently, 4.1% of the shares of the company are short sold. Based on an average trading volume of 1,381,847 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 1,381,847 shares, the days-to-cover ratio is currently 0.1 days. Currently, 4.1% of the shares of the company are short sold.

Analyst Ratings Changes

VSME has been the subject of a number of recent research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of VS MEDIA in a research note 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 data from MarketBeat, the company has a consensus rating of “Sell”.

VS MEDIA Stock Up 4.5%

Shares of VSME opened at $1.15 on Tuesday. The stock’s 50 day moving average is $1.48 and its two-hundred day moving average is $15.66. VS MEDIA has a twelve month low of $1.02 and a twelve month high of $64.20.

About VS MEDIA

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.