Asset Entities Inc. (NASDAQ:ASST) Sees Significant Decline in Short Interest

Asset Entities Inc. (NASDAQ:ASST) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 55,300 shares, a drop of 91.0% from the December 31st total of 615,200 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average daily volume of 3,720,000 shares, the short-interest ratio is currently 0.0 days.

Asset Entities Trading Down 14.9 %

NASDAQ ASST opened at $0.91 on Wednesday. The company has a 50-day moving average price of $0.57 and a two-hundred day moving average price of $1.05. The stock has a market cap of $7.93 million, a price-to-earnings ratio of -0.47 and a beta of 6.42. Asset Entities has a 52 week low of $0.34 and a 52 week high of $4.35.

Asset Entities Company Profile

Asset Entities Inc, a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It designs, develops, and manages servers for communities on Discord. The company offers discord investment education, entertainment, and marketing services.