Versus Systems Inc. (NASDAQ:VS) Shares Shorted: Short Interest Down 63.6% in September

Versus Systems Inc. (NASDAQ:VS – Get Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 4,027 shares, a drop of 63.6% from the August 31st total of 11,076 shares. Based on an average daily trading volume, of 21,041 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Versus Systems Stock Performance

VS stock remained flat at $1.04 on Tuesday. 11,378 shares of the company traded hands, compared to its average volume of 50,958. Versus Systems has a fifty-two week low of $0.75 and a fifty-two week high of $2.47. The firm has a market cap of $6.46 million, a PE ratio of -3.06 and a beta of 1.36. The stock’s fifty day moving average is $1.25 and its two-hundred day moving average is $1.26.

Versus Systems (NASDAQ:VS – Get Free Report) last issued its earnings results on Friday, August 14th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($29.07) by $29.17. The business had revenue of $0.01 million for the quarter, compared to the consensus estimate of $1.14 million.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered Versus Systems from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, September 18th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Read Our Latest Report on Versus Systems

Versus Systems Company Profile

(Get Free Report)

Versus Systems Inc developed an audience-engagement and gamification platform designed to connect brands, content providers and consumers through interactive digital experiences. Its technology enabled companies to offer rewards, promotions and other incentives tied to user participation in video games, livestreams, broadcasts and other forms of entertainment.

The company’s products included tools for integrating branded rewards and promotional campaigns into games and digital content, along with software intended to help partners manage offers, engagement programs and user interactions.

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