Asset Entities Inc. (NASDAQ:ASST) Sees Significant Growth in Short Interest

Asset Entities Inc. (NASDAQ:ASST) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 102,800 shares, a growth of 85.9% from the December 31st total of 55,300 shares. Currently, 2.4% of the company’s stock are sold short. Based on an average daily trading volume, of 10,650,000 shares, the short-interest ratio is presently 0.0 days.

Asset Entities Trading Up 5.5 %

Shares of NASDAQ:ASST traded up $0.03 during trading on Friday, reaching $0.61. The stock had a trading volume of 1,336,099 shares, compared to its average volume of 23,513,193. Asset Entities has a one year low of $0.34 and a one year high of $4.35. The company has a market capitalization of $5.31 million, a P/E ratio of -0.32 and a beta of 6.42. The firm’s 50-day simple moving average is $0.58 and its 200 day simple moving average is $1.04.

About Asset Entities

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.