Victory Square Technologies Inc. (OTCMKTS:VSQTF) Sees Significant Growth in Short Interest

Victory Square Technologies Inc. (OTCMKTS:VSQTF) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 22,210 shares, a growth of 221.6% from the October 15th total of 6,906 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 56,693 shares, the days-to-cover ratio is presently 0.4 days.

Victory Square Technologies Price Performance

Shares of OTCMKTS VSQTF traded up $0.02 during mid-day trading on Friday, hitting $0.33. 5,860 shares of the stock were exchanged, compared to its average volume of 67,120. Victory Square Technologies has a twelve month low of $0.29 and a twelve month high of $0.64. The stock’s fifty day simple moving average is $0.36 and its two-hundred day simple moving average is $0.43. The company has a debt-to-equity ratio of 0.19, a quick ratio of 5.04 and a current ratio of 5.04. The company has a market cap of $34.40 million, a P/E ratio of 6.60 and a beta of 1.88.

Victory Square Technologies (OTCMKTS:VSQTF) last announced its earnings results on Monday, August 31st. The company reported $0.01 EPS for the quarter. The business had revenue of $20.25 million for the quarter. Victory Square Technologies had a return on equity of 15.90% and a net margin of 6.20%.

Victory Square Technologies Company Profile

Victory Square Technologies Inc. is a Vancouver-based technology investment and venture-building company. It focuses on identifying, developing and supporting early-stage businesses that use emerging technologies to address opportunities in areas such as financial technology, health technology, artificial intelligence, blockchain and digital media. The company works through a portfolio of subsidiaries and affiliated businesses, providing capital, strategic guidance, operational support and access to its corporate and technology network.