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

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

Asset Entities Stock Down 12.5 %

Shares of NASDAQ:ASST opened at $0.52 on Monday. The company’s fifty day moving average is $0.64 and its two-hundred day moving average is $0.76. The company has a market cap of $4.52 million, a P/E ratio of -0.27 and a beta of 6.27. Asset Entities has a 12-month low of $0.34 and a 12-month high of $3.94.

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.