VS MEDIA Holdings Limited (NASDAQ:VSME – Get Free Report) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 89,593 shares, a drop of 42.2% from the September 30th total of 154,951 shares. Based on an average daily volume of 54,337 shares, the short-interest ratio is currently 1.6 days. Currently, 2.0% of the shares of the stock are short sold.
VS MEDIA Trading Down 8.6%
VS MEDIA stock traded down $0.09 during mid-day trading on Monday, hitting $0.96. The company’s stock had a trading volume of 309,808 shares, compared to its average volume of 118,099. The stock’s fifty day moving average is $0.94 and its two-hundred day moving average is $1.21. VS MEDIA has a 1 year low of $0.58 and a 1 year high of $30.80.
VS MEDIA (NASDAQ:VSME – Get Free Report) last released its quarterly earnings results on Thursday, October 1st. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $1.68 million for the quarter.
Analyst Ratings Changes
Separately, Weiss Ratings downgraded shares of VS MEDIA from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, October 26th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.
Get Our Latest Stock Analysis on VS MEDIA
About VS MEDIA
VS MEDIA Holdings Limited (NASDAQ: VSME) is an influencer marketing and digital media company headquartered in Hong Kong. The company connects brands with social media influencers and content creators to develop and execute digital marketing campaigns.
Its services include campaign strategy and management, influencer selection and coordination, content creation, social media promotion, and campaign performance analysis. VS MEDIA also supports influencers through talent management and commercial partnership opportunities, helping creators work with brands across multiple digital platforms.
The company primarily serves brands and advertisers seeking to reach consumers through social media and creator-led content, with operations focused on markets in Asia.
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