Asset Entities Inc. (NASDAQ:ASST) Short Interest Up 1,497.9% in December

by · The Cerbat Gem

Asset Entities Inc. (NASDAQ:ASST – Get Free Report) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 615,200 shares, a growth of 1,497.9% from the November 30th total of 38,500 shares. Based on an average daily trading volume, of 3,570,000 shares, the short-interest ratio is presently 0.2 days. Approximately 15.3% of the company’s stock are short sold.

Asset Entities Stock Performance

Shares of NASDAQ ASST traded up $0.08 during mid-day trading on Thursday, hitting $0.52. 1,290,445 shares of the stock traded hands, compared to its average volume of 2,340,404. The stock has a fifty day moving average price of $0.68 and a 200-day moving average price of $1.25. The company has a market cap of $2.29 million, a price-to-earnings ratio of -0.27 and a beta of 7.18. Asset Entities has a 52 week low of $0.34 and a 52 week high of $4.35.

About Asset Entities

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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.

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