Short Interest in Asset Entities Inc. (NASDAQ:ASST) Grows By 85.9%

Asset Entities Inc. (NASDAQ:ASST) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 102,800 shares, a growth of 85.9% from the December 31st total of 55,300 shares. Approximately 2.4% of the shares of the company are sold short. Based on an average daily trading volume, of 10,650,000 shares, the short-interest ratio is presently 0.0 days.

Asset Entities Stock Up 0.3 %

Shares of NASDAQ ASST traded up $0.00 during mid-day trading on Friday, hitting $0.58. 2,340,437 shares of the company were exchanged, compared to its average volume of 23,274,070. The stock has a 50 day simple moving average of $0.57 and a 200-day simple moving average of $1.04. Asset Entities has a 1-year low of $0.34 and a 1-year high of $4.35. The firm has a market cap of $5.05 million, a price-to-earnings ratio of -0.30 and a beta of 6.42.

About Asset Entities

Asset Entities Inc, a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It designs, develops, and manages servers for communities on Discord. The company offers discord investment education, entertainment, and marketing services.