Vsee Health, Inc. (NASDAQ:VSEE) Sees Significant Decrease in Short Interest

Vsee Health, Inc. (NASDAQ:VSEE) was the recipient of a significant drop in short interest in January. As of January 31st, there was short interest totalling 115,000 shares, a drop of 65.2% from the January 15th total of 330,800 shares. Based on an average daily volume of 2,040,000 shares, the short-interest ratio is presently 0.1 days. Approximately 1.8% of the shares of the stock are short sold.

Institutional Trading of Vsee Health

An institutional investor recently raised its position in Vsee Health stock. Geode Capital Management LLC increased its holdings in Vsee Health, Inc. (NASDAQ:VSEE) by 56.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 67,549 shares of the company’s stock after purchasing an additional 24,245 shares during the period. Geode Capital Management LLC owned approximately 1.87% of Vsee Health worth $92,000 at the end of the most recent quarter. Institutional investors and hedge funds own 1.01% of the company’s stock.

Vsee Health Price Performance

NASDAQ:VSEE opened at $1.74 on Thursday. The business’s 50-day moving average is $1.50 and its 200 day moving average is $1.64. Vsee Health has a 12 month low of $1.12 and a 12 month high of $33.08. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.16.

Vsee Health Company Profile

VSee Health, Inc is a no-code or low-code software as a service (SaaS) platform that enables clinicians and enterprises to create their telehealth workflows without programming. It engages in providing timely, quality healthcare to patients regardless of geographical barriers. The company is headquartered in Boca Raton, FL.