Short Interest in Venture Co. Limited (OTCMKTS:VEMLF) Rises By 110.0%

Venture Co. Limited (OTCMKTS:VEMLF) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 313,700 shares, an increase of 110.0% from the February 13th total of 149,400 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is presently 224.1 days.

Venture Price Performance

VEMLF opened at $9.00 on Friday. Venture has a 1 year low of $9.00 and a 1 year high of $10.50. The company’s 50 day simple moving average is $9.10 and its 200 day simple moving average is $9.84.

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.