VS MEDIA Holdings Limited (NASDAQ:VSME) Short Interest Update

VS MEDIA Holdings Limited (NASDAQ:VSME) was the recipient of 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. Based on an average trading volume of 1,321,714 shares, the short-interest ratio is presently 0.2 days. Approximately 8.2% of the shares of the company are sold short.

Analysts Set New Price Targets

A number of brokerages recently weighed in on VSME. Wall Street Zen raised shares of VS MEDIA to a “sell” rating in a research report on Saturday, January 17th. Weiss Ratings reissued a “sell (e+)” rating on shares of VS MEDIA in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

VS MEDIA Price Performance

Shares of NASDAQ:VSME traded up $0.02 on Friday, reaching $0.89. The company’s stock had a trading volume of 19,847 shares, compared to its average volume of 864,804. The stock’s 50-day moving average is $1.00 and its two-hundred day moving average is $2.80. VS MEDIA has a 52-week low of $0.68 and a 52-week high of $64.20.

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

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.