Venture Co. Limited (OTCMKTS:VEMLF) Sees Large Drop in Short Interest

Venture Co. Limited (OTCMKTS:VEMLF) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 149,400 shares, a decrease of 57.2% from the January 31st total of 349,300 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is currently 93.4 days.

Venture Stock Performance

Shares of OTCMKTS:VEMLF opened at $9.00 on Friday. The stock’s fifty day simple moving average is $9.16 and its 200-day simple moving average is $9.94. Venture has a 52-week low of $9.00 and a 52-week high of $10.50.

Venture Company Profile

Venture Corporation Limited, together with its subsidiaries, provides technology solutions, products, and services in Singapore, the Asia Pacific, and internationally. The company operates through Advanced Manufacturing and Design Solutions, and Technology Products and Design Solutions segments. It engages in the design, manufacture, assemble, installation, and distribution of electronic, and other computer products and peripherals; manufacture and sale of terminal units; development and marketing of colour imaging products for label printing; and research and development of biotechnology, life, and medical science products, as well as engages in repair of engineering and scientific instruments.