The trading price of Asset Entities Inc (NASDAQ:ASST) closed higher on Monday, July 07, and closing at $6.98, 63.47% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $4.11 and $10.45. In examining the 52-week price action we see that the stock hit a 52-week high of $13.42 and a 52-week low of $0.34. Over the past month, the stock has lost -9.82% in value.
Asset Entities Inc, whose market valuation is $115.80 million at the time of this writing, is expected to release its quarterly earnings report in August. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest ASST has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that ASST’s price is currently 36.59% off the SMA20 and 33.34% off the SMA50. The RSI metric on the 14-day chart is currently showing 61.41, and weekly volatility stands at 41.84%. When measured over the past 30 days, the indicator reaches 19.98%. Asset Entities Inc (NASDAQ:ASST)’s beta value is currently sitting at 17.44.
To see how Asset Entities Inc stock has been performing in comparison to its peers in the industry, here are the numbers: ASST stock’s performance was 63.47% in the latest trading, and 1323.04% in the past year.
An evaluation of the daily trading volume of Asset Entities Inc (NASDAQ:ASST) indicates that the 3-month average is 14.38 million. However, this figure has increased over the past 10 days to an average of 10.79.
Currently, records show that 16.59 million of the company’s shares remain outstanding. The insiders hold 11.00% of outstanding shares, whereas institutions hold 5.14%. The stats also highlight that short interest as of 2025-06-13, stood at 3.29 million shares, resulting in a short ratio of 0.33 at that time. From this, we can conclude that short interest is 2306.00 of the company’s total outstanding shares. It is noteworthy that short shares in June were up slightly from the previous month’s figure, which was 1.26 million. However, since the stock’s price has seen 328.22% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
