Vision Marine Technologies Inc. (NASDAQ:VMAR) Short Interest Update

Vision Marine Technologies Inc. (NASDAQ:VMAR) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 210,400 shares, a decline of 83.9% from the January 31st total of 1,310,000 shares. Based on an average daily volume of 5,020,000 shares, the short-interest ratio is presently 0.0 days.

Vision Marine Technologies Stock Performance

VMAR opened at $0.77 on Friday. The company has a quick ratio of 1.16, a current ratio of 2.88 and a debt-to-equity ratio of 0.05. The stock’s 50 day moving average price is $1.38 and its two-hundred day moving average price is $2.14. The firm has a market capitalization of $7.56 million, a P/E ratio of -0.01 and a beta of -0.11. Vision Marine Technologies has a 12-month low of $0.70 and a 12-month high of $108.00.

Vision Marine Technologies (NASDAQ:VMAR) last posted its quarterly earnings data on Monday, January 13th. The company reported ($1.43) earnings per share for the quarter, beating the consensus estimate of ($24.18) by $22.75. Vision Marine Technologies had a negative return on equity of 225.21% and a negative net margin of 662.47%. On average, equities analysts forecast that Vision Marine Technologies will post -90 earnings per share for the current year.

About Vision Marine Technologies

Vision Marine Technologies Inc designs, develops, manufactures, sells, and rents electric boats in Canada, the United States, and internationally. It offers e-motion electric powertrain technology; e-motion electric outboard powertrain system; electric boats; maintenance, repair, and customer support services; as well as manufactures customized boats.