VS MEDIA Holdings Limited (NASDAQ:VSME) Short Interest Update

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

VS MEDIA Trading Down 3.6 %

Shares of VS MEDIA stock traded down $0.04 during trading hours on Thursday, hitting $1.06. 29,680 shares of the company’s stock traded hands, compared to its average volume of 579,274. The company has a fifty day simple moving average of $1.15 and a 200-day simple moving average of $1.20. VS MEDIA has a 12-month low of $0.65 and a 12-month high of $5.04.

About VS MEDIA

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.