Short Interest in Victory Square Technologies Inc. (OTCMKTS:VSQTF) Decreases By 81.0%

Victory Square Technologies Inc. (OTCMKTS:VSQTF) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 9,007 shares, a drop of 81.0% from the December 15th total of 47,519 shares. Based on an average daily volume of 174,033 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 174,033 shares, the short-interest ratio is presently 0.1 days.

Victory Square Technologies Price Performance

Shares of VSQTF stock opened at $0.53 on Thursday. The business has a fifty day simple moving average of $0.56 and a 200 day simple moving average of $0.46. The company has a market cap of $53.51 million, a P/E ratio of -10.60 and a beta of 1.43. The company has a quick ratio of 3.64, a current ratio of 3.64 and a debt-to-equity ratio of 0.44. Victory Square Technologies has a twelve month low of $0.11 and a twelve month high of $0.72.

Victory Square Technologies (OTCMKTS:VSQTF) last announced its quarterly earnings results on Monday, December 1st. The company reported $0.01 EPS for the quarter. The company had revenue of $7.64 million during the quarter. Victory Square Technologies had a negative return on equity of 85.13% and a negative net margin of 28.04%.

Victory Square Technologies Company Profile

Victory Square Technologies Inc is a publicly traded venture builder and investment company based in Vancouver, British Columbia, listed on the OTC Pink market under the symbol VSQTF. The company focuses on incubating and scaling early-stage technology businesses in sectors such as digital media, esports, virtual reality and augmented reality (VR/AR), blockchain and artificial intelligence (AI). Through its platform, Victory Square provides seed capital, hands-on operational support and access to a network of industry partners to accelerate the growth of its portfolio companies.

Operating primarily through its subsidiary Victory Square Labs (VSL), Victory Square identifies promising startups and collaborates with founding teams to bring products to market.