Short Interest in VCI Global Limited (NASDAQ:VCIG) Expands By 39.1%

VCI Global Limited (NASDAQ:VCIG) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 169,300 shares, a growth of 39.1% from the October 31st total of 121,700 shares. Based on an average daily volume of 356,400 shares, the days-to-cover ratio is currently 0.5 days. Currently, 5.3% of the company’s stock are short sold.

VCI Global Price Performance

NASDAQ VCIG traded up $0.29 during trading hours on Friday, hitting $4.39. The company’s stock had a trading volume of 29,763,159 shares, compared to its average volume of 1,356,328. VCI Global has a 12 month low of $1.38 and a 12 month high of $147.00. The company’s 50 day simple moving average is $4.35 and its two-hundred day simple moving average is $16.49.

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.