Velan Inc. (OTCMKTS:VLNSF) Short Interest Update

Velan Inc. (OTCMKTS:VLNSF) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,400 shares, a decrease of 64.1% from the February 29th total of 3,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 14.0 days.

Velan Stock Up 1.1 %

Shares of OTCMKTS:VLNSF opened at $3.84 on Thursday. The company has a 50 day moving average of $3.84 and a 200-day moving average of $4.48. Velan has a twelve month low of $3.80 and a twelve month high of $9.75.

Velan Company Profile

Velan Inc designs, manufactures, and markets industrial valves worldwide. The company offers quarter-turn valves, such as ball, high performance three-piece ball, general purpose ball, metal-seated ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves; and gate, globe, and check valves, including pressure seal, bolted bonnet high pressure, cast steel, cast stainless steel corrosion resistant, small forged, bonnetless, and dual-plate check valves, as well as maintenance valves for nuclear service.