Venus Concept Inc. (NASDAQ:VERO) Sees Significant Drop in Short Interest

Venus Concept Inc. (NASDAQ:VEROGet Free Report) saw a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 39,800 shares, a drop of 38.2% from the May 15th total of 64,400 shares. Approximately 3.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,110,000 shares, the short-interest ratio is currently 0.0 days.

Venus Concept Price Performance

NASDAQ:VERO opened at $2.48 on Tuesday. The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.18 and a current ratio of 1.86. The stock has a fifty day moving average of $2.86 and a 200 day moving average of $3.31. Venus Concept has a 52-week low of $2.10 and a 52-week high of $14.50. The firm has a market capitalization of $3.53 million, a price-to-earnings ratio of -0.31 and a beta of 0.07.

Venus Concept (NASDAQ:VEROGet Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($17.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($14.08) by ($3.36). The business had revenue of $13.64 million during the quarter, compared to analysts’ expectations of $14.59 million.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered Venus Concept from a “hold” rating to a “sell” rating in a research note on Thursday, May 22nd.

View Our Latest Analysis on Venus Concept

About Venus Concept

(Get Free Report)

Venus Concept Inc, a medical technology company, develops, commercializes, and delivers minimally invasive and non-invasive medical aesthetic and hair restoration technologies, and related services in the United States and internationally. Its product portfolio includes Venus Legacy, a noninvasive device used in dermatological and general surgical procedures for females; Venus Versa, a multi-application device used in aesthetic and cosmetic procedures; Venus Versa Pro; and Venus Viva and Venus Viva MD, an advanced, portable, and fractional RF system for dermatological procedures requiring ablation and resurfacing of the skin.

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