Vaso Corporation (OTCMKTS:VASO) Sees Large Growth in Short Interest

Vaso Corporation (OTCMKTS:VASO) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 60,487 shares, a growth of 83.8% from the July 30th total of 32,904 shares. Based on an average daily trading volume, of 1,036,311 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Vaso Price Performance

Vaso stock opened at $0.29 on Monday. The business’s 50-day moving average price is $0.22 and its 200 day moving average price is $0.20. The firm has a market cap of $50.21 million, a price-to-earnings ratio of 28.54 and a beta of 0.60. Vaso has a 52 week low of $0.10 and a 52 week high of $0.30.

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.