Versus Systems Inc. (NASDAQ:VS) Sees Significant Drop in Short Interest

Versus Systems Inc. (NASDAQ:VSGet Free Report) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 20,900 shares, a decline of 52.3% from the February 28th total of 43,800 shares. Based on an average daily trading volume, of 1,140,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 1.0% of the shares of the stock are short sold.

Versus Systems Stock Performance

NASDAQ VS opened at $2.12 on Friday. Versus Systems has a 1 year low of $1.00 and a 1 year high of $9.59. The stock’s 50-day moving average price is $2.19 and its two-hundred day moving average price is $1.94.

Analyst Upgrades and Downgrades

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

Read Our Latest Report on Versus Systems

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Versus Systems stock. Renaissance Technologies LLC acquired a new position in shares of Versus Systems Inc. (NASDAQ:VSFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 120,600 shares of the company’s stock, valued at approximately $265,000. Renaissance Technologies LLC owned approximately 4.39% of Versus Systems as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 60.72% of the company’s stock.

Versus Systems Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Versus Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Versus Systems and related companies with MarketBeat.com's FREE daily email newsletter.