Asset Entities Inc. (NASDAQ:ASST) Sees Significant Growth in Short Interest

Asset Entities Inc. (NASDAQ:ASST) was the recipient of a large 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. Based on an average daily volume of 10,650,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 2.4% of the shares of the company are short sold.

Asset Entities Stock Up 5.5 %

Shares of Asset Entities stock traded up $0.03 during midday trading on Friday, hitting $0.61. The company had a trading volume of 1,336,099 shares, compared to its average volume of 23,513,193. The stock has a market cap of $5.31 million, a price-to-earnings ratio of -0.32 and a beta of 6.42. The company has a fifty day simple moving average of $0.58 and a 200 day simple moving average of $1.04. Asset Entities has a 12-month low of $0.34 and a 12-month high of $4.35.

Asset Entities Company Profile

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.