Vicon Industries Inc (NYSEAMERICAN:VII) Can’t Be Less Risky. Short Interest Decreased

June 14, 2018 - By Winifred Garcia

Vicon Industries, Inc. (NYSEAMERICAN:VII) Logo

The stock of Vicon Industries Inc (NYSEAMERICAN:VII) registered a decrease of 1.69% in short interest. VII’s total short interest was 361,100 shares in June as published by FINRA. Its down 1.69% from 367,300 shares, reported previously. With 150,800 shares average volume, it will take short sellers 2 days to cover their VII’s short positions.

The stock increased 0.57% or $0.0021 during the last trading session, reaching $0.3728. About 123,847 shares traded. Vicon Industries, Inc. (NYSEAMERICAN:VII) has declined 34.55% since June 14, 2017 and is downtrending. It has underperformed by 47.12% the S&P500.

Vicon Industries, Inc. designs, assembles, and markets video management systems and system components for use in security, surveillance, safety, and communication applications worldwide. The company has market cap of $6.54 million. The companyÂ’s product line comprises various video system elements, including cameras for image capture and stand-alone network video management system software, as well as various video recording, storage, management, and output devices and peripherals; analog, digital, and high definition megapixel cameras for fixed and robotic positioning applications; and other video system components, such as video encoders decoders and monitors, camera lenses, housings and mounts, matrix video switchers and controls, and various video transmission devices. It currently has negative earnings. The Company’s products are used by commercial and industrial users comprising office buildings, manufacturing plants, warehouses, apartment complexes, shopping malls, and retail stores; federal, state, and local governments for national security purposes, agency facilities, prisons, and military installations; and financial institutions that include banks, clearing houses, brokerage firms, and depositories for security purposes.

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