Short Interest in VCI Global Limited (NASDAQ:VCIG) Decreases By 66.7%

VCI Global Limited (NASDAQ:VCIG) saw a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 106,500 shares, a decrease of 66.7% from the July 31st total of 320,300 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 1,120,000 shares, the days-to-cover ratio is presently 0.1 days.

VCI Global Stock Up 3.3 %

Shares of NASDAQ VCIG opened at $0.19 on Wednesday. VCI Global has a twelve month low of $0.17 and a twelve month high of $5.67. The company has a market cap of $16.61 million, a PE ratio of 0.55 and a beta of 0.47. The business’s 50 day moving average price is $0.42 and its two-hundred day moving average price is $0.81.

VCI Global Company Profile

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.