Short Interest to Follow: A Reversal for VALMIE RESOURCES INCORPORATED (OTCMKTS:VMRI) Is Near. The Stock Has Decrease in Shorts

November 21, 2016 - By kentuckypostne   ·   0 Comments

Short Interest to Follow: A Reversal for VALMIE RESOURCES INCORPORATED (OTCMKTS:VMRI) Is Near. The Stock Has Decrease in Shorts

The stock of VALMIE RESOURCES INCORPORATED (OTCMKTS:VMRI) registered a decrease of 6.24% in short interest. VMRI’s total short interest was 300,500 shares in November as published by FINRA. Its down 6.24% from 320,500 shares, reported previously. With 365,500 shares average volume, it will take short sellers 1 days to cover their VMRI’s short positions. The stock decreased 1.50% or $0.015 on November 18, hitting $0.985. About 68,111 shares traded hands. Valmie Resources Inc (OTCMKTS:VMRI) has risen 357.08% since April 22, 2016 and is uptrending. It has outperformed by 353.22% the S&P500.

Valmie Resources, Inc. is engaged in the commercialization of services and products in the technology industry. The company has a market cap of $66.25 million. The Company, through its subsidiary, Vertitek Inc. , provides unmanned vehicle software, hardware and cloud services for a range of commercial applications around the globe. It currently has negative earnings. Vertitek is in the process of developing the V-1 Drone, a multi-rotor unmanned aerial vehicle (UAV) designed specifically to meet the requirements of a commercial user base.

VMRI Company Profile

Valmie Resources, Inc., incorporated on August 25, 2011, is engaged in the commercialization of services and products in the technology industry. The Company, through its subsidiary, Vertitek Inc. (Vertitek), provides unmanned vehicle software, hardware and cloud services for a range of commercial applications around the globe. Vertitek is in the process of developing the V-1 Drone, a multi-rotor unmanned aerial vehicle (UAV) designed specifically to meet the requirements of a commercial user base. The Company’s UAV solutions seeks to consist aerial data collection hardware, software and data storage solutions for commercial applications. The Company’s solutions include Autonomous Intelligence for Mobilized Devices (AIMD) Platform and AIMDx – Learning Service Module.

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