VCI Global Limited (NASDAQ:VCIG) Sees Significant Decrease in Short Interest

VCI Global Limited (NASDAQ:VCIG) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 142,000 shares, a decrease of 84.5% from the November 30th total of 916,200 shares. Based on an average daily volume of 6,430,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 1.9% of the company’s shares are sold short.

VCI Global Trading Up 8.7 %

VCI Global stock opened at $1.87 on Friday. The company has a 50-day moving average price of $2.59 and a 200 day moving average price of $11.16. VCI Global has a 12-month low of $1.38 and a 12-month high of $115.15. The stock has a market cap of $24.91 million, a P/E ratio of 5.50 and a beta of 1.17.

VCI Global Company Profile

VCI Global Limited, together with its subsidiaries, provides business and technology consulting services in Malaysia. The company offers business strategy consultancy services, including listing solutions, investors relations, and boardroom strategies consultancy. It also provides technology consultancy services and solutions, such as digital development, fintech solution, and software solutions.