Short Interest in Asset Entities Inc. (NASDAQ:ASST) Decreases By 91.0%

Asset Entities Inc. (NASDAQ:ASST) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 55,300 shares, a drop of 91.0% from the December 15th total of 615,200 shares. Based on an average daily trading volume, of 3,720,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.4% of the company’s stock are sold short.

Asset Entities Stock Performance

Shares of Asset Entities stock traded down $0.10 during trading on Monday, hitting $0.44. The company’s stock had a trading volume of 578,661 shares, compared to its average volume of 1,104,200. The company has a market capitalization of $3.87 million, a PE ratio of -0.23 and a beta of 6.42. Asset Entities has a 52 week low of $0.34 and a 52 week high of $4.35. The company has a fifty day simple moving average of $0.57 and a two-hundred day simple moving average of $1.12.

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.