VCI Global Limited (NASDAQ:VCIG) Short Interest Up 593.3% in December

VCI Global Limited (NASDAQ:VCIG) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 984,500 shares, an increase of 593.3% from the December 15th total of 142,000 shares. Currently, 13.0% of the shares of the stock are sold short. Based on an average trading volume of 6,650,000 shares, the days-to-cover ratio is currently 0.1 days.

VCI Global Stock Performance

Shares of NASDAQ:VCIG opened at $2.06 on Wednesday. VCI Global has a fifty-two week low of $1.38 and a fifty-two week high of $103.39. The firm has a fifty day moving average price of $2.00 and a 200 day moving average price of $8.21. The firm has a market cap of $27.44 million, a price-to-earnings ratio of 6.06 and a beta of 1.91.

About VCI Global

VCI Global Limited, together with its subsidiaries, provides business and technology consulting services in Malaysia. The company offers business strategy consultancy services, including listing solutions, investors relations, and boardroom strategies consultancy. It also provides technology consultancy services and solutions, such as digital development, fintech solution, and software solutions.