Versus Systems Inc. (NASDAQ:VS) Short Interest Down 20.0% in February

Versus Systems Inc. (NASDAQ:VS) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 109,800 shares, a decline 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 Down 2.8 %

Shares of VS opened at $2.05 on Tuesday. The company has a 50-day simple moving average of $2.21 and a 200-day simple moving average of $1.85. Versus Systems has a 52 week low of $1.00 and a 52 week high of $9.59.

Institutional Trading of Versus Systems

An institutional investor recently bought a new position in Versus Systems stock. Renaissance Technologies LLC acquired a new stake in shares of Versus Systems Inc. (NASDAQ:VS) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 120,600 shares of the company’s stock, valued at approximately $265,000. Renaissance Technologies LLC owned approximately 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.

Wall Street Analysts Forecast Growth

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

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.