Asset Entities Inc. (NASDAQ:ASST) Short Interest Down 91.0% in January

Asset Entities Inc. (NASDAQ:ASST) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 55,300 shares, a decline of 91.0% from the December 31st total of 615,200 shares. Based on an average daily volume of 3,720,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.4% of the shares of the stock are sold short.

Asset Entities Stock Down 29.9 %

NASDAQ:ASST traded down $0.25 during midday trading on Thursday, hitting $0.58. The company had a trading volume of 3,534,020 shares, compared to its average volume of 24,684,469. The company has a market capitalization of $5.03 million, a PE ratio of -0.30 and a beta of 6.42. Asset Entities has a 52-week low of $0.34 and a 52-week high of $4.35. The stock’s fifty day moving average price is $0.58 and its 200-day moving average price is $1.05.

Asset Entities Company Profile

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.