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

Vaso Corporation (OTCMKTS:VASO) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 60,487 shares, an increase of 83.8% from the July 30th total of 32,904 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,036,311 shares, the days-to-cover ratio is currently 0.1 days.

Vaso Stock Performance

VASO stock opened at $0.29 on Tuesday. Vaso has a fifty-two week low of $0.10 and a fifty-two week high of $0.30. The company has a market capitalization of $51.07 million, a price-to-earnings ratio of 29.03 and a beta of 0.60. The business’s 50 day moving average price is $0.23 and its two-hundred day moving average price is $0.20.

Vaso Company Profile

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.