VS MEDIA Holdings Limited (NASDAQ:VSME) Short Interest Update

VS MEDIA Holdings Limited (NASDAQ:VSME) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 844,017 shares, a growth of 219.3% from the November 30th total of 264,347 shares. Based on an average daily trading volume, of 18,035,944 shares, the days-to-cover ratio is presently 0.0 days. Approximately 10.6% of the shares of the company are short sold. Approximately 10.6% of the shares of the company are short sold. Based on an average daily trading volume, of 18,035,944 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

VSME has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of VS MEDIA to a “hold” rating in a report on Friday, September 26th. Weiss Ratings restated a “sell (e+)” rating on shares of VS MEDIA in a research report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, VS MEDIA has a consensus rating of “Sell”.

VS MEDIA Price Performance

NASDAQ:VSME opened at $0.08 on Friday. The company’s 50-day moving average price is $0.39 and its 200-day moving average price is $1.19. VS MEDIA has a twelve month low of $0.07 and a twelve month high of $3.21.

VS MEDIA (NASDAQ:VSME) last announced its quarterly earnings results on Friday, October 31st. The company reported ($0.10) EPS for the quarter. The business had revenue of $1.63 million for the quarter.

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.