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

Vision Marine Technologies Inc. (NASDAQ:VMAR) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 104,900 shares, a decrease of 67.0% from the December 31st total of 318,300 shares. Based on an average trading volume of 3,560,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 4.2% of the shares of the company are sold short.

Vision Marine Technologies Stock Performance

NASDAQ VMAR traded down $0.04 during trading on Tuesday, reaching $1.42. The company’s stock had a trading volume of 229,855 shares, compared to its average volume of 15,647,410. The business’s fifty day moving average price is $1.80 and its 200-day moving average price is $2.97. Vision Marine Technologies has a twelve month low of $1.30 and a twelve month high of $136.35. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.16 and a current ratio of 2.88. The firm has a market cap of $1.10 million, a price-to-earnings ratio of -0.01 and a beta of -0.09.

Vision Marine Technologies (NASDAQ:VMAR) last posted its quarterly earnings data on Monday, January 13th. The company reported ($1.43) earnings per share for the quarter, topping analysts’ consensus estimates 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%. As a group, analysts anticipate that Vision Marine Technologies will post -90 EPS for the current fiscal year.

Vision Marine Technologies Company Profile

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.