VS MEDIA Holdings Limited (NASDAQ:VSME) Stock Short Interest Report for October

VS MEDIA Holdings Limited (NASDAQ:VSME) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 89,593 shares, a decline of 42.2% from the September 30th total of 154,951 shares. Based on an average daily trading volume, of 54,337 shares, the days-to-cover ratio is currently 1.6 days. Currently, 2.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered shares of VS MEDIA from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, October 26th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, VS MEDIA has a consensus rating of “Sell”.

VS MEDIA Stock Performance

The firm has a fifty day moving average price of $0.94 and a two-hundred day moving average price of $1.21. VS MEDIA has a 1 year low of $0.58 and a 1 year high of $30.80.

VS MEDIA (NASDAQ:VSME) last released its quarterly earnings data on Thursday, October 1st. The company reported ($0.05) earnings per share for the quarter. The company had revenue of $1.68 million for the quarter.

About VS MEDIA

VS MEDIA Holdings Limited (NASDAQ: VSME) is an influencer marketing and digital media company headquartered in Hong Kong. The company connects brands with social media influencers and content creators to develop and execute digital marketing campaigns.

Its services include campaign strategy and management, influencer selection and coordination, content creation, social media promotion, and campaign performance analysis. VS MEDIA also supports influencers through talent management and commercial partnership opportunities, helping creators work with brands across multiple digital platforms.

The company primarily serves brands and advertisers seeking to reach consumers through social media and creator-led content, with operations focused on markets in Asia.