Short Interest in VS MEDIA Holdings Limited (NASDAQ:VSME) Decreases By 31.0%

VS MEDIA Holdings Limited (NASDAQ:VSME) was the recipient of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 61,600 shares, a decrease of 31.0% from the January 15th total of 89,300 shares. Based on an average daily volume of 247,900 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.5% of the shares of the company are sold short.

VS MEDIA Price Performance

NASDAQ:VSME traded up $0.04 during mid-day trading on Friday, hitting $1.24. 20,630 shares of the company’s stock traded hands, compared to its average volume of 39,440. The firm has a 50 day moving average of $1.15 and a two-hundred day moving average of $1.15. VS MEDIA has a 12 month low of $0.65 and a 12 month high of $4.41.

VS MEDIA Company Profile

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.