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 the month of 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 daily volume of 1,170,000 shares, the days-to-cover ratio is presently 0.1 days.

Versus Systems Trading Up 9.6 %

Shares of VS stock opened at $2.29 on Thursday. The stock has a 50 day moving average of $2.21 and a two-hundred day moving average of $1.86. Versus Systems has a 12 month low of $1.00 and a 12 month high of $9.59.

Analyst Upgrades and Downgrades

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

Institutional Trading of Versus Systems

A hedge fund recently bought a new stake in Versus Systems stock. Renaissance Technologies LLC acquired a new position in Versus Systems Inc. (NASDAQ:VS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 120,600 shares of the company’s stock, valued at approximately $265,000. Renaissance Technologies LLC owned 4.39% of Versus Systems at the end of the most recent quarter. 60.72% of the stock is currently owned by hedge funds and other institutional investors.

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.