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

VS MEDIA Holdings Limited (NASDAQ:VSME) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 13,700 shares, a decline of 66.9% from the October 15th total of 41,400 shares. Based on an average daily trading volume, of 2,290,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

VS MEDIA Stock Performance

NASDAQ:VSME opened at $1.27 on Wednesday. VS MEDIA has a 12-month low of $0.65 and a 12-month high of $6.79. The business has a 50 day simple moving average of $1.20 and a 200 day simple moving average of $1.60.

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.