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

Vision Marine Technologies Inc. (NASDAQ:VMAR) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 692,500 shares, a growth of 229.1% from the February 13th total of 210,400 shares. Based on an average daily volume of 5,340,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 11.9% of the shares of the company are short sold.

Vision Marine Technologies Stock Performance

Shares of NASDAQ VMAR opened at $0.63 on Friday. The business has a fifty day simple moving average of $1.20 and a 200 day simple moving average of $1.84. The company has a current ratio of 2.88, a quick ratio of 1.16 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $6.20 million, a price-to-earnings ratio of -0.01 and a beta of -0.03. Vision Marine Technologies has a one year low of $0.57 and a one year high of $103.95.

Vision Marine Technologies (NASDAQ:VMAR) last issued its earnings results on Monday, January 13th. The company reported ($1.43) EPS for the quarter, beating 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%. Sell-side analysts expect that Vision Marine Technologies will post -90 EPS for the current 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.