VS MEDIA Holdings Limited (NASDAQ:VSME) Short Interest Up 127.4% in April

VS MEDIA Holdings Limited (NASDAQ:VSME) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 224,732 shares, an increase of 127.4% from the April 15th total of 98,838 shares. Approximately 8.2% of the shares of the stock are short sold. Based on an average daily volume of 1,321,714 shares, the short-interest ratio is presently 0.2 days.

VS MEDIA Trading Up 2.7%

Shares of NASDAQ VSME opened at $0.89 on Friday. VS MEDIA has a one year low of $0.68 and a one year high of $64.20. The firm’s 50 day simple moving average is $1.00 and its two-hundred day simple moving average is $2.99.

VS MEDIA (NASDAQ:VSME) last issued its earnings results on Thursday, April 30th. The company reported $0.20 earnings per share (EPS) for the quarter. The firm had revenue of $2.13 million during the quarter.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of VS MEDIA in a research report on Friday, March 27th. Wall Street Zen upgraded shares of VS MEDIA to a “sell” rating in a research report on Saturday, January 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, VS MEDIA presently 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.