VS MEDIA Holdings Limited (NASDAQ:VSME) Stock Short Interest Falls 61.5%

VS MEDIA Holdings Limited (NASDAQ:VSME – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 154,951 shares, a decrease of 61.5% from the September 15th total of 402,163 shares. Based on an average daily trading volume, of 1,158,979 shares, the short-interest ratio is presently 0.1 days. Approximately 5.6% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised VS MEDIA from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, October 6th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Get Our Latest Stock Report on VSME

VS MEDIA Trading Up 8.6%

Shares of NASDAQ:VSME traded up $0.07 during trading on Tuesday, hitting $0.85. The company’s stock had a trading volume of 56,266 shares, compared to its average volume of 2,672,703. VS MEDIA has a fifty-two week low of $0.68 and a fifty-two week high of $33.40. The stock’s 50-day moving average price is $1.04 and its two-hundred day moving average price is $1.18.

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

VS MEDIA Company Profile

(Get Free Report)

VS MEDIA Holdings Limited (NASDAQ: VSME) is a Hong Kong-based social media marketing company that helps brands engage consumers through digital content and influencer campaigns. The company connects advertisers with social media influencers and creators whose audiences align with specific marketing objectives.

Its services generally include influencer selection and campaign planning, content development, social media distribution, and campaign performance analysis. VS MEDIA’s platform is designed to support collaborations between brands and creators across major social media channels, helping clients build awareness and reach targeted audiences.

Founded in 2013, VS MEDIA has served clients and managed creator relationships in markets including Hong Kong, Singapore and Malaysia.

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