Vislink Technologies, Inc. (NASDAQ:VISL) Short Interest Down 13.0% in September

Vislink Technologies, Inc. (NASDAQ:VISL) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 41,600 shares, a drop of 13.0% from the August 31st total of 47,800 shares. Based on an average daily trading volume, of 26,800 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.9% of the company’s stock are sold short.

Vislink Technologies Price Performance

Shares of VISL stock opened at $6.34 on Friday. The company’s fifty day moving average price is $6.68 and its two-hundred day moving average price is $5.08. The firm has a market capitalization of $15.53 million, a P/E ratio of -1.82 and a beta of 1.26. Vislink Technologies has a 12 month low of $2.31 and a 12 month high of $8.15.

Vislink Technologies (NASDAQ:VISL) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.93) earnings per share (EPS) for the quarter. Vislink Technologies had a negative return on equity of 20.67% and a negative net margin of 23.23%. The company had revenue of $8.70 million during the quarter.

About Vislink Technologies

Vislink Technologies, Inc provides solutions for collecting live news, sports, entertainment, and news events for the broadcast markets in North America, South America, Europe, Asia, and internationally. The company offers live production products and solutions, such as wireless camera transmitter and receiver products comprising HCAM, a 4K Ultra HD-capable on-camera wireless system; Quantum, an ultra-low latency and waveform agnostic central receiver; IP Link 3.0, a studio-transmitter link system that enables broadcasting service platforms to access monetization opportunities; ViewBack is a lightweight, low-power, low latency, dual-channel diversity receiver-decoder; ultra-compact onboard solutions; and other receiver products, including CRx6, and CIRAS-X6.