VCI Global Limited (NASDAQ:VCIG – Get Free Report) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 145,436 shares, a decrease of 85.3% from the May 31st total of 989,757 shares. Approximately 7.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 765,080 shares, the short-interest ratio is presently 0.2 days.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “sell (d)” rating on shares of VCI Global in a research report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, VCI Global presently has an average rating of “Sell”.
Read Our Latest Stock Report on VCIG
Institutional Investors Weigh In On VCI Global
VCI Global Price Performance
Shares of VCI Global stock opened at $3.15 on Friday. VCI Global has a twelve month low of $0.71 and a twelve month high of $4,408.38. The company’s fifty day moving average is $3.13 and its 200 day moving average is $16.04.
VCI Global Company Profile
VCI Global, Inc (NASDAQ: VCIG) is a provider of outsourced receivables management and credit risk mitigation solutions for corporations, financial institutions and government agencies. The company offers end-to-end account administration services designed to streamline the order-to-cash cycle, helping clients improve cash flow, reduce days sales outstanding and mitigate credit risk across domestic and international markets.
VCI Global’s suite of services encompasses credit application processing, account setup, credit file creation, early-stage reconciliation and disputes management, cash application, and first- and third-party collections.
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