VS MEDIA Holdings Limited (NASDAQ:VSME) Short Interest Up 15.8% in February

VS MEDIA Holdings Limited (NASDAQ:VSME) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 111,386 shares, an increase of 15.8% from the February 12th total of 96,197 shares. Approximately 4.1% of the shares of the stock are short sold. Based on an average daily volume of 1,381,847 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 1,381,847 shares, the days-to-cover ratio is presently 0.1 days. Approximately 4.1% of the shares of the stock are short sold.

VS MEDIA Trading Down 0.9%

NASDAQ:VSME opened at $1.14 on Wednesday. The company has a fifty day moving average of $1.47 and a 200 day moving average of $15.43. VS MEDIA has a 52 week low of $1.02 and a 52 week high of $64.20.

Analyst Upgrades and Downgrades

VSME has been the subject of several research reports. Wall Street Zen raised shares of VS MEDIA to a “sell” rating in a research note on Saturday, January 17th. Weiss Ratings reissued a “sell (e+)” rating on shares of VS MEDIA in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

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.