Venture Co. Limited (OTCMKTS:VEMLF) Sees Significant Growth in Short Interest

Venture Co. Limited (OTCMKTS:VEMLF) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 146,100 shares, a growth of 332.2% from the September 30th total of 33,800 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 365.3 days.

Venture Price Performance

Shares of VEMLF opened at $10.44 on Friday. Venture has a 12-month low of $8.48 and a 12-month high of $10.50. The business’s 50 day moving average is $10.46 and its 200 day moving average is $10.41.

About Venture

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.