Short Interest in VCI Global Limited (NASDAQ:VCIG) Expands By 441.2%

VCI Global Limited (NASDAQ:VCIG) was the target of a significant increase in short interest in November. As of November 30th, there was short interest totalling 916,200 shares, an increase of 441.2% from the November 15th total of 169,300 shares. Based on an average trading volume of 5,380,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 28.6% of the company’s stock are sold short.

VCI Global Price Performance

Shares of VCIG opened at $1.69 on Thursday. The company’s fifty day moving average price is $3.60 and its 200-day moving average price is $13.70. VCI Global has a 1-year low of $1.38 and a 1-year high of $142.10.

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.