Venture Co. Limited (OTCMKTS:VEMLY) Sees Significant Drop in Short Interest

Venture Co. Limited (OTCMKTS:VEMLYGet Free Report) was the target of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 300 shares, a decline of 40.0% from the May 15th total of 500 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is presently 0.4 days.

Venture Stock Performance

Shares of OTCMKTS VEMLY opened at $44.37 on Tuesday. The firm’s 50 day moving average price is $42.49 and its 200-day moving average price is $45.46. Venture has a 52-week low of $38.23 and a 52-week high of $57.63.

Venture Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, June 3rd. Investors of record on Wednesday, May 7th were issued a $1.7887 dividend. This is a positive change from Venture’s previous dividend of $0.89. This represents a yield of 6.1%. The ex-dividend date was Tuesday, May 6th.

Venture Company Profile

(Get Free Report)

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.

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