Short Interest in VSee Health, Inc. (NASDAQ:VSEE) Expands By 22.7%

VSee Health, Inc. (NASDAQ:VSEE) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 1,396,235 shares, an increase of 22.7% from the January 29th total of 1,137,627 shares. Based on an average trading volume of 501,127 shares, the short-interest ratio is presently 2.8 days. Approximately 38.8% of the shares of the company are short sold. Approximately 38.8% of the shares of the company are short sold. Based on an average trading volume of 501,127 shares, the short-interest ratio is presently 2.8 days.

Institutional Investors Weigh In On VSee Health

Several hedge funds and other institutional investors have recently bought and sold shares of VSEE. Osaic Holdings Inc. boosted its position in shares of VSee Health by 197.5% during the 2nd quarter. Osaic Holdings Inc. now owns 45,170 shares of the company’s stock valued at $52,000 after purchasing an additional 29,985 shares in the last quarter. Virtu Financial LLC acquired a new stake in VSee Health during the fourth quarter valued at approximately $25,000. Finally, HB Wealth Management LLC acquired a new stake in VSee Health during the third quarter valued at approximately $368,000. 1.01% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on VSEE shares. Weiss Ratings restated a “sell (e+)” rating on shares of VSee Health in a research report on Wednesday, January 21st. Wall Street Zen raised shares of VSee Health to a “sell” rating in a report on Saturday, December 6th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

VSee Health Stock Performance

Shares of VSEE stock traded down $0.05 during midday trading on Tuesday, reaching $0.30. 1,322,027 shares of the company were exchanged, compared to its average volume of 683,567. The company’s 50 day moving average price is $0.39 and its two-hundred day moving average price is $0.58. The company has a market cap of $1.09 million and a P/E ratio of -0.98. VSee Health has a 12 month low of $0.29 and a 12 month high of $2.52.

VSee Health Company Profile

VSee Health is a telehealth technology company that develops secure, HIPAA-compliant software solutions for virtual care. The company’s flagship platform offers high-definition video visits, real-time messaging and collaboration tools designed to streamline remote consultations between patients and healthcare providers. VSee’s solutions are built to integrate with electronic health record systems and include features such as digital waiting rooms, screen sharing and file transfer capabilities.

In addition to video conferencing, VSee Health provides remote patient monitoring (RPM) tools that enable clinicians to collect biometric data, such as blood pressure, heart rate and glucose readings, from patients in their homes.