VCI Global Limited (NASDAQ:VCIG) Short Interest Up 87.1% in July

VCI Global Limited (NASDAQ:VCIG) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 320,300 shares, an increase of 87.1% from the July 15th total of 171,200 shares. Based on an average trading volume of 624,800 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.8% of the company’s shares are short sold.

VCI Global Trading Down 5.4 %

NASDAQ:VCIG traded down $0.01 during mid-day trading on Tuesday, hitting $0.19. The company had a trading volume of 1,896,329 shares, compared to its average volume of 695,304. VCI Global has a fifty-two week low of $0.18 and a fifty-two week high of $9.35. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.01. The business’s fifty day moving average is $0.51 and its two-hundred day moving average is $0.86.

VCI Global Company Profile

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.