Versus Systems Inc. (NASDAQ:VS) Sees Significant Increase in Short Interest

Versus Systems Inc. (NASDAQ:VS) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 46,000 shares, a growth of 71.6% from the November 30th total of 26,800 shares. Based on an average daily trading volume, of 1,890,000 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

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

Versus Systems Price Performance

Shares of Versus Systems stock traded down $0.09 during trading on Friday, reaching $2.28. 114,356 shares of the company’s stock were exchanged, compared to its average volume of 867,237. The firm’s 50-day moving average price is $1.91 and its 200 day moving average price is $1.65. Versus Systems has a 1-year low of $1.00 and a 1-year high of $9.59.

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.