VS MEDIA Holdings Limited (NASDAQ:VSME) Short Interest Down 16.7% in February

VS MEDIA Holdings Limited (NASDAQ:VSME) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 96,197 shares, a decrease of 16.7% from the January 29th total of 115,508 shares. Approximately 3.5% of the shares of the company are sold short. Based on an average daily volume of 322,444 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 322,444 shares, the short-interest ratio is currently 0.3 days. Approximately 3.5% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Wall Street Zen raised VS MEDIA to a “sell” rating in a report 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 equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

VS MEDIA Price Performance

Shares of NASDAQ VSME opened at $1.27 on Wednesday. The company’s 50-day moving average price is $1.59 and its 200 day moving average price is $17.07. VS MEDIA has a 52 week low of $1.02 and a 52 week high of $64.20.

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

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.