Versus Systems Inc. (NASDAQ:VS) Short Interest Update

Versus Systems Inc. (NASDAQ:VS) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totalling 62,100 shares, a decline of 42.3% from the July 15th total of 107,700 shares. Based on an average daily volume of 1,160,000 shares, the days-to-cover ratio is currently 0.1 days.

Versus Systems Stock Performance

NASDAQ VS traded up $0.03 during trading hours on Thursday, hitting $1.47. 2,767 shares of the company traded hands, compared to its average volume of 520,502. The business’s 50-day moving average is $1.59 and its 200-day moving average is $1.72. Versus Systems has a twelve month low of $1.23 and a twelve month high of $20.80.

Versus Systems (NASDAQ:VS) last released its quarterly earnings data on Wednesday, May 15th. The company reported ($0.53) EPS for the quarter, missing the consensus estimate of ($0.49) by ($0.04). The company had revenue of $0.03 million during the quarter, compared to analyst estimates of $0.01 million. Versus Systems had a negative net margin of 7,480.35% and a negative return on equity of 204.20%. Analysts predict that Versus Systems will post -2.27 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright increased their price objective on shares of Versus Systems from $1.50 to $2.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 3rd.

Versus Systems Company Profile

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.