Short Interest in VS MEDIA Holdings Limited (NASDAQ:VSME) Increases By 458.1%

VS MEDIA Holdings Limited (NASDAQ:VSME) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 89,300 shares, a growth of 458.1% from the December 31st total of 16,000 shares. Based on an average daily trading volume, of 364,400 shares, the short-interest ratio is presently 0.2 days. Approximately 0.8% of the shares of the stock are sold short.

VS MEDIA Stock Down 3.6 %

Shares of VSME opened at $1.06 on Friday. The business has a 50-day simple moving average of $1.15 and a two-hundred day simple moving average of $1.20. VS MEDIA has a 12-month low of $0.65 and a 12-month high of $5.04.

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.