Short Interest in VCI Global Limited (NASDAQ:VCIG) Rises By 30.2%

VCI Global Limited (NASDAQ:VCIG) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 2,110,000 shares, a growth of 30.2% from the September 30th total of 1,620,000 shares. Based on an average daily volume of 6,190,000 shares, the days-to-cover ratio is currently 0.3 days. Currently, 3.1% of the shares of the stock are sold short.

VCI Global Price Performance

NASDAQ:VCIG traded down $0.00 on Monday, reaching $0.08. The stock had a trading volume of 3,868,714 shares, compared to its average volume of 2,480,669. The stock has a fifty day moving average price of $0.14 and a 200-day moving average price of $0.51. VCI Global has a 1-year low of $0.08 and a 1-year high of $3.71.

About VCI Global

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.