Short Interest in VS MEDIA Holdings Limited (NASDAQ:VSME) Declines By 87.0%

VS MEDIA Holdings Limited (NASDAQ:VSME) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 6,300 shares, a decrease of 87.0% from the May 31st total of 48,500 shares. Based on an average daily volume of 46,600 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

VS MEDIA Stock Performance

VSME stock opened at $1.94 on Friday. The business has a 50 day moving average price of $2.32 and a two-hundred day moving average price of $2.77. VS MEDIA has a twelve month low of $1.33 and a twelve month high of $60.48.

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.