Short Interest in VCI Global Limited (NASDAQ:VCIG) Grows By 50.0%

VCI Global Limited (NASDAQ:VCIG) was the target of a large increase in short interest in September. As of September 15th, there was short interest totalling 1,340,000 shares, an increase of 50.0% from the August 31st total of 893,400 shares. Based on an average daily trading volume, of 3,300,000 shares, the days-to-cover ratio is currently 0.4 days. Currently, 3.1% of the shares of the stock are short sold.

VCI Global Stock Performance

VCI Global stock opened at $0.16 on Friday. VCI Global has a 1 year low of $0.11 and a 1 year high of $4.29. The firm’s 50 day moving average price is $0.22 and its 200-day moving average price is $0.65.

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.