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

Victory Square Technologies Inc. (OTCMKTS:VSQTF) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 2,076 shares, a decline of 96.9% from the April 30th total of 66,950 shares. Based on an average daily volume of 102,450 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Victory Square Technologies Stock Up 1.0%

Shares of OTCMKTS:VSQTF traded up $0.01 during trading hours on Wednesday, hitting $0.51. The company’s stock had a trading volume of 30,470 shares, compared to its average volume of 59,230. The company has a debt-to-equity ratio of 0.44, a current ratio of 3.64 and a quick ratio of 3.64. The company has a market capitalization of $52.65 million, a price-to-earnings ratio of 50.55 and a beta of 1.84. The firm’s fifty day moving average price is $0.44 and its 200 day moving average price is $0.48. Victory Square Technologies has a 52 week low of $0.12 and a 52 week high of $0.72.

Victory Square Technologies (OTCMKTS:VSQTF) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.01 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 during the quarter.

About Victory Square Technologies

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.