VS MEDIA Holdings Limited (NASDAQ:VSME) Sees Large Drop in Short Interest

VS MEDIA Holdings Limited (NASDAQ:VSME) saw a large decrease in short interest in October. As of October 15th, there was short interest totalling 41,400 shares, a decrease of 63.3% from the September 30th total of 112,800 shares. Based on an average daily volume of 2,230,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.4% of the company’s stock are short sold.

VS MEDIA Stock Performance

Shares of VSME opened at $1.67 on Friday. VS MEDIA has a one year low of $0.65 and a one year high of $9.66. The stock has a 50-day moving average of $1.14 and a 200-day moving average of $1.74.

About VS MEDIA

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.