Short Interest in Victory Square Technologies Inc. (OTCMKTS:VSQTF) Drops By 96.9%

Victory Square Technologies Inc. (OTCMKTS:VSQTF) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 2,076 shares, a decrease of 96.9% from the April 30th total of 66,950 shares. Based on an average daily trading volume, of 102,450 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Victory Square Technologies Stock Performance

OTCMKTS VSQTF traded up $0.01 during mid-day trading on Wednesday, reaching $0.51. 30,470 shares of the stock were exchanged, compared to its average volume of 59,230. The business’s 50 day moving average is $0.44 and its 200-day moving average is $0.48. Victory Square Technologies has a 1 year low of $0.12 and a 1 year high of $0.72. The company has a market capitalization of $52.65 million, a P/E ratio of 50.55 and a beta of 1.84. The company has a debt-to-equity ratio of 0.44, a quick ratio of 3.64 and a current ratio of 3.64.

Victory Square Technologies (OTCMKTS:VSQTF) last announced its quarterly earnings results on Friday, May 1st. The company reported $0.01 earnings per share (EPS) for the quarter. Victory Square Technologies had a net margin of 2.56% and a return on equity of 0.46%. The firm had revenue of $10.72 million for the quarter.

Victory Square Technologies Company Profile

Victory Square Technologies Inc is a publicly traded venture builder and investment company based in Vancouver, British Columbia, listed on the OTC Pink market under the symbol VSQTF. The company focuses on incubating and scaling early-stage technology businesses in sectors such as digital media, esports, virtual reality and augmented reality (VR/AR), blockchain and artificial intelligence (AI). Through its platform, Victory Square provides seed capital, hands-on operational support and access to a network of industry partners to accelerate the growth of its portfolio companies.

Operating primarily through its subsidiary Victory Square Labs (VSL), Victory Square identifies promising startups and collaborates with founding teams to bring products to market.