Asset Entities Inc. (NASDAQ:ASST) Sees Large Increase in Short Interest

Asset Entities Inc. (NASDAQ:ASST) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 38,500 shares, an increase of 63.8% from the November 15th total of 23,500 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,930,000 shares, the short-interest ratio is presently 0.0 days.

Asset Entities Stock Down 4.0 %

Shares of NASDAQ:ASST traded down $0.02 during trading on Friday, hitting $0.53. 1,264,072 shares of the company traded hands, compared to its average volume of 2,357,947. The business’s fifty day moving average is $0.79 and its 200-day moving average is $1.39. The stock has a market capitalization of $2.31 million, a price-to-earnings ratio of -0.27 and a beta of 7.18. Asset Entities has a one year low of $0.40 and a one year high of $4.35.

About Asset Entities

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.