Asset Entities Inc. (NASDAQ:ASST) Sees Large Drop in Short Interest

Asset Entities Inc. (NASDAQ:ASST) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 134,400 shares, a drop of 24.4% from the February 28th total of 177,800 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily volume of 10,470,000 shares, the days-to-cover ratio is presently 0.0 days.

Asset Entities Trading Down 9.8 %

ASST opened at $0.52 on Wednesday. Asset Entities has a 1-year low of $0.34 and a 1-year high of $3.94. The company has a market cap of $4.53 million, a price-to-earnings ratio of -0.27 and a beta of 6.27. The company’s fifty day moving average price is $0.63 and its two-hundred day moving average price is $0.74.

Asset Entities Company Profile

Asset Entities Inc, a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It designs, develops, and manages servers for communities on Discord. The company offers discord investment education, entertainment, and marketing services.