Short Interest in Vision Marine Technologies Inc. (NASDAQ:VMAR) Decreases By 72.4%

Posted by Paula Ricardo on Mar 29th, 2025

Vision Marine Technologies Inc. (NASDAQ:VMAR – Get Free Report) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 191,000 shares, a decrease of 72.4% from the February 28th total of 692,500 shares. Based on an average daily trading volume, of 5,310,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 3.3% of the shares of the company are short sold.

Vision Marine Technologies Stock Performance

VMAR opened at $0.48 on Friday. The company has a current ratio of 2.88, a quick ratio of 1.16 and a debt-to-equity ratio of 0.05. Vision Marine Technologies has a 12-month low of $0.42 and a 12-month high of $103.95. The firm has a 50 day moving average of $0.98 and a two-hundred day moving average of $1.73. The firm has a market capitalization of $4.71 million, a PE ratio of 0.00 and a beta of -0.03.

Vision Marine Technologies shares are set to reverse split before the market opens on Monday, March 31st. The 1-10 reverse split was announced on Thursday, March 27th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, March 28th.

Vision Marine Technologies (NASDAQ:VMAR – Get Free Report) last announced its quarterly earnings results on Monday, January 13th. The company reported ($1.43) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($24.18) by $22.75. Vision Marine Technologies had a negative net margin of 662.47% and a negative return on equity of 225.21%. On average, analysts anticipate that Vision Marine Technologies will post -90 EPS for the current year.

Vision Marine Technologies Company Profile

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Vision Marine Technologies Inc designs, develops, manufactures, sells, and rents electric boats in Canada, the United States, and internationally. It offers e-motion electric powertrain technology; e-motion electric outboard powertrain system; electric boats; maintenance, repair, and customer support services; as well as manufactures customized boats.