Vaso Corporation (OTCMKTS:VASO) Sees Significant Increase in Short Interest

Vaso Corporation (OTCMKTS:VASO) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 55,288 shares, an increase of 84.3% from the May 31st total of 30,002 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 124,946 shares, the days-to-cover ratio is currently 0.4 days.

Vaso Stock Down 1.1%

VASO opened at $0.19 on Thursday. Vaso has a 52 week low of $0.10 and a 52 week high of $0.25. The business’s 50 day moving average is $0.20 and its two-hundred day moving average is $0.18. The firm has a market cap of $33.25 million, a price-to-earnings ratio of 18.91 and a beta of 0.59.

Vaso (OTCMKTS:VASO) last announced its earnings results on Friday, May 15th. The company reported $999.00 earnings per share (EPS) for the quarter. The business had revenue of $19.36 million for the quarter. Vaso had a net margin of 1.97% and a return on equity of 6.23%.

About Vaso

Vaso Corporation, together with its subsidiaries, operates in the healthcare equipment and information technology industries in the United States and internationally. The company operates through three segments: IT, Professional Sales Service, and Equipment. The IT segment primarily focuses on healthcare IT and managed network technology services. This segment offers managed diagnostic imaging applications, managed network infrastructure, managed network transport, and managed network security services.