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

Venture Co. Limited (OTCMKTS:VEMLF) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 296,800 shares, an increase of 29.9% from the November 15th total of 228,500 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 494.7 days.

Venture Price Performance

OTCMKTS VEMLF opened at $9.55 on Friday. The business has a fifty day simple moving average of $10.37 and a 200 day simple moving average of $10.43. Venture has a 12 month low of $8.48 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.