Asset Entities Inc. (NASDAQ:ASST) Sees Significant Growth in Short Interest

Asset Entities Inc. (NASDAQ:ASST) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 734,600 shares, a growth of 446.6% from the March 15th total of 134,400 shares. Based on an average daily volume of 10,790,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 5.8% of the shares of the stock are sold short.

Asset Entities Price Performance

Shares of Asset Entities stock opened at $0.50 on Tuesday. The company has a 50 day simple moving average of $0.55 and a two-hundred day simple moving average of $0.67. The firm has a market cap of $4.38 million, a PE ratio of -0.26 and a beta of 4.96. Asset Entities has a 1 year low of $0.34 and a 1 year high of $3.94.

Asset Entities Company Profile

Asset Entities Inc, a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It designs, develops, and manages servers for communities on Discord. The company offers discord investment education, entertainment, and marketing services.