VS MEDIA Holdings Limited (NASDAQ:VSME) Short Interest Up 33.2% in January

VS MEDIA Holdings Limited (NASDAQ:VSME) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 115,508 shares, a growth of 33.2% from the January 15th total of 86,701 shares. Approximately 4.2% of the shares of the stock are sold short. Based on an average trading volume of 249,014 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 249,014 shares, the short-interest ratio is presently 0.5 days. Approximately 4.2% of the shares of the stock are sold short.

VS MEDIA Stock Performance

Shares of VSME opened at $1.41 on Friday. The business has a 50-day moving average of $1.69 and a 200-day moving average of $19.19. VS MEDIA has a 1 year low of $1.02 and a 1 year high of $64.20.

VS MEDIA (NASDAQ:VSME) last announced its quarterly earnings data on Friday, October 31st. The company reported ($1.95) earnings per share (EPS) for the quarter. The firm had revenue of $1.63 million during the quarter.

Wall Street Analyst Weigh In

VSME has been the topic of a number of recent research reports. Wall Street Zen raised VS MEDIA to a “sell” rating in a research note on Saturday, January 17th. Weiss Ratings reiterated a “sell (e+)” rating on shares of VS MEDIA in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

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.