Short Interest in VCI Global Limited (NASDAQ:VCIG) Decreases By 94.1%

VCI Global Limited (NASDAQ:VCIG) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 31,500 shares, a decline of 94.1% from the March 15th total of 536,200 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average trading volume of 141,000 shares, the short-interest ratio is presently 0.2 days.

VCI Global Stock Up 7.0 %

Shares of VCI Global stock traded up $0.17 during trading on Monday, reaching $2.59. 178,633 shares of the company were exchanged, compared to its average volume of 126,008. VCI Global has a twelve month low of $2.30 and a twelve month high of $1,372.00. The business has a 50-day moving average price of $12.85 and a 200-day moving average price of $41.43.

Institutional Investors Weigh In On VCI Global

An institutional investor recently bought a new position in VCI Global stock. Millennium Management LLC bought a new stake in VCI Global Limited (NASDAQ:VCIG) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 14,144 shares of the company’s stock, valued at approximately $25,000. Millennium Management LLC owned about 0.11% of VCI Global as of its most recent filing with the SEC. 0.20% of the stock is currently owned by hedge funds and other institutional investors.

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.