Vision Marine Technologies Inc. (NASDAQ:VMAR) Short Interest Update

Vision Marine Technologies Inc. (NASDAQ:VMAR) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,170,000 shares, an increase of 1,015.3% from the December 31st total of 104,900 shares. Approximately 33.2% of the shares of the company are sold short. Based on an average daily volume of 4,870,000 shares, the short-interest ratio is presently 0.2 days.

Vision Marine Technologies Trading Down 14.2 %

NASDAQ VMAR opened at $1.21 on Friday. Vision Marine Technologies has a one year low of $1.21 and a one year high of $136.35. The firm has a market cap of $943,800.00, a PE ratio of -0.01 and a beta of -0.09. The firm’s fifty day moving average is $1.71 and its two-hundred day moving average is $2.91. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.16 and a current ratio of 2.88.

Vision Marine Technologies (NASDAQ:VMAR) last posted its quarterly earnings data on Monday, January 13th. The company reported ($1.43) EPS for the quarter, beating the consensus estimate of ($24.18) by $22.75. Vision Marine Technologies had a negative return on equity of 225.21% and a negative net margin of 662.47%. Analysts expect that Vision Marine Technologies will post -90 earnings per share for the current year.

About Vision Marine Technologies

Vision Marine Technologies Inc designs, develops, manufactures, sells, and rents electric boats in Canada, the United States, and internationally. It offers e-motion electric powertrain technology; e-motion electric outboard powertrain system; electric boats; maintenance, repair, and customer support services; as well as manufactures customized boats.