Vislink Technologies Inc (NASDAQ:VISL) Short Interest Down 61.9% in August

Vislink Technologies Inc (NASDAQ:VISL) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 324,500 shares, a drop of 61.9% from the July 31st total of 850,700 shares. Approximately 2.5% of the company’s shares are sold short. Based on an average trading volume of 1,940,000 shares, the short-interest ratio is presently 0.2 days.

Vislink Technologies stock remained flat at $$0.80 during trading hours on Wednesday. The company’s stock had a trading volume of 467,610 shares, compared to its average volume of 757,729. The company’s fifty day moving average is $0.94. Vislink Technologies has a 52-week low of $0.78 and a 52-week high of $8.00. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.45 and a current ratio of 1.26.

Vislink Technologies (NASDAQ:VISL) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($1.55) earnings per share (EPS) for the quarter. Vislink Technologies had a negative net margin of 34.09% and a negative return on equity of 95.54%. The business had revenue of $7.35 million during the quarter.

About Vislink Technologies

Vislink Technologies, Inc engages in the design, manufacture, and deployment of end-to-end live video communications solutions worldwide. The company designs, develops, and distributes TV news and broadcast microwave video systems under the IMT brand for broadcast, sports/entertainment/education, public safety, and defense markets, as well as provides engineering, integration, installation and commissioning services.

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