Versus Systems Inc. (NASDAQ:VS) Sees Large Increase in Short Interest

Versus Systems Inc. (NASDAQ:VS) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 137,200 shares, an increase of 313.3% from the January 15th total of 33,200 shares. Based on an average daily trading volume, of 1,170,000 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, HC Wainwright reiterated a “neutral” rating and issued a $2.00 target price on shares of Versus Systems in a research note on Wednesday, December 11th.

Versus Systems Price Performance

VS opened at $2.02 on Thursday. Versus Systems has a 1 year low of $1.00 and a 1 year high of $9.59. The company’s 50 day simple moving average is $2.16 and its 200 day simple moving average is $1.80.

About Versus Systems

Versus Systems Inc develops and operates a business-to-business software platform in the United States and Canada. The company offers eXtreme Engagement Online platform that is designed primarily for in-venue main-board work in stadiums and arenas; Filter Fan Cam (FFC) platform, an augmented reality filtering tool that can be used for mobile and in-venue applications; and Winfinite, which allows brands, media companies, and advertising agencies to reach out to customers directly on their mobile devices.