Short Interest in Versus Systems Inc. (NASDAQ:VS) Declines By 36.5%

Versus Systems Inc. (NASDAQ:VS) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totalling 29,200 shares, a decline of 36.5% from the December 31st total of 46,000 shares. Based on an average trading volume of 1,900,000 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

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

Versus Systems Stock Performance

NASDAQ VS traded up $0.01 during trading hours on Thursday, hitting $2.34. 75,546 shares of the company traded hands, compared to its average volume of 3,756,917. 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 $2.06 and its 200-day moving average is $1.76.

About Versus Systems

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.