Short Interest in Versus Systems Inc. (NASDAQ:VS) Decreases By 20.0%

Versus Systems Inc. (NASDAQ:VS) was the recipient of a large decrease in short interest in February. As of February 15th, there was short interest totalling 109,800 shares, a decrease of 20.0% from the January 31st total of 137,200 shares. Based on an average trading volume of 1,170,000 shares, the short-interest ratio is currently 0.1 days.

Versus Systems Stock Up 9.6 %

Shares of VS stock opened at $2.29 on Thursday. Versus Systems has a fifty-two week low of $1.00 and a fifty-two week high of $9.59. The stock’s 50-day moving average is $2.21 and its two-hundred day moving average is $1.86.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

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

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.