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

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

VS MEDIA Stock Down 5.7 %

VSME traded down $0.07 on Thursday, reaching $1.15. 40,111 shares of the company’s stock were exchanged, compared to its average volume of 808,521. The company’s 50 day moving average is $1.21 and its 200-day moving average is $1.58. VS MEDIA has a twelve month low of $0.65 and a twelve month high of $6.26.

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.