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

Asset Entities Inc. (NASDAQ:ASST) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 219,700 shares, a growth of 35.0% from the January 31st total of 162,700 shares. Based on an average trading volume of 13,370,000 shares, the short-interest ratio is presently 0.0 days. Approximately 5.0% of the shares of the company are sold short.

Asset Entities Stock Performance

ASST opened at $0.50 on Tuesday. The stock has a market capitalization of $4.36 million, a P/E ratio of -0.26 and a beta of 6.48. The company’s 50-day simple moving average is $0.63 and its two-hundred day simple moving average is $0.93. Asset Entities has a 52-week low of $0.34 and a 52-week high of $4.25.

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.