Short Interest in Vislink Technologies Inc (NASDAQ:VISL) Rises By 32.8%

Vislink Technologies Inc (NASDAQ:VISL) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,540,000 shares, a growth of 32.8% from the August 15th total of 1,160,000 shares. Based on an average daily volume of 2,232,800 shares, the short-interest ratio is currently 0.7 days.

NASDAQ:VISL opened at $1.42 on Thursday. Vislink Technologies has a 1 year low of $0.66 and a 1 year high of $8.94. The business has a 50 day simple moving average of $1.96 and a 200-day simple moving average of $2.27. The company has a quick ratio of 1.42, a current ratio of 2.53 and a debt-to-equity ratio of 0.13.

An institutional investor recently bought a new position in Vislink Technologies stock. Jane Street Group LLC purchased a new position in shares of Vislink Technologies Inc (NASDAQ:VISL) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 88,961 shares of the company’s stock, valued at approximately $55,000. Jane Street Group LLC owned 0.60% of Vislink Technologies as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 20.56% of the company’s stock.

Vislink Technologies Company Profile

Vislink Technologies, Inc engages in the design, manufacture, and deployment of end-to-end live video communications solutions worldwide. The company designs, develops, and distributes TV news and broadcast microwave video systems under the IMT brand for broadcast, sports/entertainment/education, public safety, and defense markets, as well as provides engineering, integration, installation and commissioning services.

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