VS MEDIA Holdings Limited (NASDAQ:VSME – Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 69,035 shares, a drop of 37.5% from the May 14th total of 110,389 shares. Based on an average daily volume of 129,312 shares, the days-to-cover ratio is currently 0.5 days. Approximately 2.5% of the shares of the company are short sold.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of VS MEDIA in a research note on Friday, March 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.
VS MEDIA Trading Up 92.3%
VS MEDIA (NASDAQ:VSME – Get Free Report) last issued its quarterly 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 for the quarter.
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.
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