VCI Global Limited (NASDAQ:VCIG) Short Interest Down 61.9% in January

VCI Global Limited (NASDAQ:VCIG) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 374,700 shares, a decline of 61.9% from the December 31st total of 984,500 shares. Approximately 3.3% of the company’s shares are sold short. Based on an average trading volume of 7,520,000 shares, the days-to-cover ratio is presently 0.0 days.

VCI Global Stock Performance

Shares of NASDAQ:VCIG opened at $1.10 on Friday. The firm has a 50 day simple moving average of $1.86 and a 200 day simple moving average of $6.29. VCI Global has a 52 week low of $0.95 and a 52 week high of $103.39.

VCI Global Company Profile

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.