VS MEDIA Holdings Limited (NASDAQ:VSME) Sees Large Growth in Short Interest

VS MEDIA Holdings Limited (NASDAQ:VSME) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 28,600 shares, a growth of 177.7% from the March 15th total of 10,300 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 45,200 shares, the days-to-cover ratio is currently 0.6 days.

VS MEDIA Stock Down 6.6 %

Shares of NASDAQ VSME opened at $0.80 on Wednesday. The company has a 50 day simple moving average of $1.00 and a two-hundred day simple moving average of $1.14. VS MEDIA has a fifty-two week low of $0.65 and a fifty-two week high of $4.08.

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.