Short Interest in VS MEDIA Holdings Limited (NASDAQ:VSME) Decreases By 57.8%

VS MEDIA Holdings Limited (NASDAQ:VSME) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 26,000 shares, a decline of 57.8% from the January 31st total of 61,600 shares. Based on an average daily volume of 232,800 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the company are sold short.

VS MEDIA Trading Down 4.7 %

Shares of VS MEDIA stock opened at $1.01 on Friday. VS MEDIA has a twelve month low of $0.65 and a twelve month high of $4.08. The company has a 50-day simple moving average of $1.18 and a two-hundred day simple moving average of $1.15.

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.