VCI Global Limited (NASDAQ:VCIG) Short Interest Up 593.3% in December

VCI Global Limited (NASDAQ:VCIG) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 984,500 shares, an increase of 593.3% from the December 15th total of 142,000 shares. Based on an average daily volume of 6,650,000 shares, the short-interest ratio is presently 0.1 days. Currently, 13.0% of the shares of the stock are sold short.

VCI Global Stock Up 12.6 %

Shares of VCI Global stock opened at $1.96 on Tuesday. VCI Global has a twelve month low of $1.38 and a twelve month high of $103.39. The business has a 50-day moving average price of $2.02 and a 200 day moving average price of $8.41. The firm has a market cap of $26.11 million, a PE ratio of 5.76 and a beta of 1.91.

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.