VS MEDIA Holdings Limited (NASDAQ:VSME) Short Interest Up 458.1% in January

VS MEDIA Holdings Limited (NASDAQ:VSME) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 89,300 shares, a growth of 458.1% from the December 31st total of 16,000 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 364,400 shares, the days-to-cover ratio is currently 0.2 days.

VS MEDIA Stock Down 3.6 %

Shares of NASDAQ:VSME opened at $1.06 on Friday. The business’s 50 day moving average is $1.15 and its 200 day moving average is $1.20. VS MEDIA has a 12-month low of $0.65 and a 12-month high of $5.04.

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.