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

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

Vision Marine Technologies Stock Performance

Shares of VMAR traded down $0.01 during mid-day trading on Wednesday, reaching $1.43. 72,565 shares of the company’s stock were exchanged, compared to its average volume of 14,800,301. The business’s fifty day simple moving average is $1.77 and its 200-day simple moving average is $2.93. The stock has a market capitalization of $1.11 million, a PE ratio of -0.01 and a beta of -0.09. Vision Marine Technologies has a 52-week low of $1.30 and a 52-week high of $136.35. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.88 and a quick ratio of 1.16.

Vision Marine Technologies (NASDAQ:VMAR) last issued its quarterly earnings data on Monday, January 13th. The company reported ($1.43) earnings per share (EPS) for the quarter, topping the consensus estimate of ($24.18) by $22.75. Vision Marine Technologies had a negative net margin of 662.47% and a negative return on equity of 225.21%. On average, equities research 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.