Venture Co. Limited (OTCMKTS:VEMLY) Short Interest Update

Venture Co. Limited (OTCMKTS:VEMLY) was the target of a large growth in short interest in August. As of August 15th, there was short interest totaling 5,200 shares, agrowthof550.0% from the July 31st total of 800 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 2.2 days. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 2.2 days.

Venture Stock Performance

VEMLY remained flat at $45.42 during trading on Tuesday. The company had a trading volume of 67 shares, compared to its average volume of 1,107. The company has a 50-day simple moving average of $48.24 and a 200-day simple moving average of $45.53. Venture has a twelve month low of $38.23 and a twelve month high of $57.03.

Venture Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, September 29th. Shareholders of record on Wednesday, September 3rd will be issued a $0.1556 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a dividend yield of 538.0%.

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.