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

Venture Co. Limited (OTCMKTS:VEMLF) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 334,700 shares, an increase of 66.7% from the December 15th total of 200,800 shares. Based on an average trading volume of 4,700 shares, the days-to-cover ratio is presently 71.2 days.

Venture Price Performance

Shares of OTCMKTS:VEMLF opened at $9.30 on Thursday. The business’s 50 day moving average is $9.86 and its 200 day moving average is $10.26. Venture has a 12-month low of $9.30 and a 12-month high of $10.50.

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.