VCI Global Limited (NASDAQ:VCIG) Short Interest Update

VCI Global Limited (NASDAQ:VCIG) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 984,500 shares, an increase of 593.3% from the December 31st total of 142,000 shares. Based on an average daily volume of 6,650,000 shares, the short-interest ratio is presently 0.1 days. Approximately 13.0% of the company’s stock are short sold.

VCI Global Stock Performance

NASDAQ VCIG traded down $0.07 during trading hours on Tuesday, hitting $1.05. 2,097,966 shares of the company traded hands, compared to its average volume of 3,896,751. VCI Global has a twelve month low of $1.03 and a twelve month high of $103.39. The business’s 50-day moving average is $1.91 and its 200-day moving average is $6.55.

About VCI Global

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.