Versus Systems Inc. (NASDAQ:VS) Short Interest Update

Versus Systems Inc. (NASDAQ:VS) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 109,800 shares, a drop of 20.0% from the January 31st total of 137,200 shares. Based on an average daily volume of 1,170,000 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Versus Systems

A hedge fund recently bought a new stake in Versus Systems stock. Renaissance Technologies LLC purchased a new stake in Versus Systems Inc. (NASDAQ:VS) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 120,600 shares of the company’s stock, valued at approximately $265,000. Renaissance Technologies LLC owned 4.39% of Versus Systems at the end of the most recent quarter. 60.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Versus Systems Price Performance

Shares of Versus Systems stock traded up $0.21 on Wednesday, hitting $2.30. The stock had a trading volume of 40,506 shares, compared to its average volume of 1,734,836. Versus Systems has a twelve month low of $1.00 and a twelve month high of $9.59. The business’s 50 day moving average is $2.21 and its two-hundred day moving average is $1.86.

Versus Systems Company Profile

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.