Short Interest in VS MEDIA Holdings Limited (NASDAQ:VSME) Declines By 40.5%

VS MEDIA Holdings Limited (NASDAQ:VSME) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 15,600 shares, a decline of 40.5% from the November 30th total of 26,200 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 1,380,000 shares, the days-to-cover ratio is currently 0.0 days.

VS MEDIA Trading Down 6.9 %

Shares of VS MEDIA stock traded down $0.08 during trading hours on Friday, reaching $1.07. 153,469 shares of the company’s stock were exchanged, compared to its average volume of 720,069. The company has a 50 day moving average of $1.25 and a two-hundred day moving average of $1.27. VS MEDIA has a fifty-two week low of $0.65 and a fifty-two week high of $6.16.

About VS MEDIA

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.