VCI Global Limited (NASDAQ:VCIG) Sees Large Increase in Short Interest

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

VCI Global Stock Performance

NASDAQ:VCIG traded down $0.27 on Wednesday, hitting $1.85. The stock had a trading volume of 1,317,024 shares, compared to its average volume of 1,487,582. The company has a fifty day moving average price of $3.60 and a two-hundred day moving average price of $13.70. VCI Global has a 1-year low of $1.38 and a 1-year high of $142.10.

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.