Short Interest in VS MEDIA Holdings Limited (NASDAQ:VSME) Increases By 458.1%

VS MEDIA Holdings Limited (NASDAQ:VSME) was the target of a significant growth in short interest in the month of 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. Based on an average daily volume of 364,400 shares, the short-interest ratio is currently 0.2 days. Currently, 0.8% of the shares of the company are short sold.

VS MEDIA Stock Performance

NASDAQ:VSME traded up $0.05 during mid-day trading on Friday, hitting $1.11. The company’s stock had a trading volume of 15,842 shares, compared to its average volume of 549,109. The stock has a fifty day moving average of $1.15 and a 200-day moving average of $1.20. VS MEDIA has a fifty-two week low of $0.65 and a fifty-two week 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.