Victory Square Technologies Inc. (OTCMKTS:VSQTF) Stock Short Interest Declines 49.1%

Victory Square Technologies Inc. (OTCMKTS:VSQTF) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 10,291 shares, a decline of 49.1% from the August 31st total of 20,221 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 111,004 shares, the short-interest ratio is currently 0.1 days.

Victory Square Technologies Stock Performance

OTCMKTS VSQTF opened at $0.37 on Thursday. The company has a 50-day simple moving average of $0.44 and a two-hundred day simple moving average of $0.45. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 0.19. Victory Square Technologies has a 12-month low of $0.30 and a 12-month high of $0.67. The firm has a market cap of $38.85 million, a price-to-earnings ratio of 7.45 and a beta of 1.82.

Victory Square Technologies (OTCMKTS:VSQTF) last issued its earnings results on Monday, August 31st. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $20.25 million for the quarter. Victory Square Technologies had a net margin of 6.20% and a return on equity of 15.90%.

Victory Square Technologies Company Profile

Victory Square Technologies Inc is a Vancouver, British Columbia-based venture builder and technology investment company. The company focuses on identifying, developing and scaling early-stage businesses with technology-driven products and services.

Its activities have included investments and operating initiatives in areas such as digital health, financial technology, blockchain, gaming, esports and other emerging technology markets. Through its portfolio companies, Victory Square has supported businesses developing software platforms, digital marketplaces and technology-enabled consumer and enterprise services.

Victory Square was established in the mid-2010s and has pursued a global investment strategy, backing companies in North America and other international markets.