VCI Global Limited (NASDAQ:VCIG) Short Interest Up 593.3% in December

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

VCI Global Price Performance

VCIG stock traded up $0.22 on Monday, reaching $1.96. 1,370,565 shares of the company were exchanged, compared to its average volume of 955,123. The stock’s fifty day moving average price is $2.02 and its 200 day moving average price is $8.41. VCI Global has a 12 month low of $1.38 and a 12 month high of $103.39. The firm has a market capitalization of $26.11 million, a PE ratio of 5.76 and a beta of 1.91.

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.