Short Interest in Asset Entities Inc. (NASDAQ:ASST) Increases By 1,497.9%

Asset Entities Inc. (NASDAQ:ASST) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 615,200 shares, an increase of 1,497.9% from the November 30th total of 38,500 shares. Based on an average daily trading volume, of 3,570,000 shares, the short-interest ratio is presently 0.2 days. Approximately 15.3% of the company’s shares are sold short.

Asset Entities Trading Down 10.2 %

ASST stock opened at $0.47 on Friday. The firm has a 50-day moving average of $0.65 and a two-hundred day moving average of $1.24. The firm has a market capitalization of $2.03 million, a PE ratio of -0.24 and a beta of 7.18. Asset Entities has a one year low of $0.34 and a one year high of $4.35.

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.