Asset Entities Inc. (NASDAQ:ASST) Sees Large Increase in Short Interest

Asset Entities Inc. (NASDAQ:ASST) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 38,500 shares, an increase of 63.8% from the November 15th total of 23,500 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,930,000 shares, the days-to-cover ratio is presently 0.0 days.

Asset Entities Price Performance

NASDAQ ASST traded down $0.02 during trading on Friday, hitting $0.53. The company’s stock had a trading volume of 1,281,623 shares, compared to its average volume of 2,357,947. The company has a market cap of $2.31 million, a PE ratio of -0.27 and a beta of 7.18. The business’s 50 day simple moving average is $0.78 and its 200-day simple moving average is $1.38. Asset Entities has a fifty-two week low of $0.40 and a fifty-two week high of $4.35.

About Asset Entities

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.