Versus Systems Inc. (NASDAQ:VS) Short Interest Up 313.3% in January

Versus Systems Inc. (NASDAQ:VS) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 137,200 shares, an increase of 313.3% from the January 15th total of 33,200 shares. Based on an average daily trading volume, of 1,170,000 shares, the days-to-cover ratio is currently 0.1 days.

Versus Systems Stock Up 3.5 %

VS stock opened at $2.09 on Friday. Versus Systems has a one year low of $1.00 and a one year high of $9.59. The firm’s 50 day moving average price is $2.17 and its 200-day moving average price is $1.80.

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 report on Wednesday, December 11th.

Institutional Investors Weigh In On Versus Systems

An institutional investor recently bought a new position in Versus Systems stock. Renaissance Technologies LLC purchased a new stake in Versus Systems Inc. (NASDAQ:VS) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 120,600 shares of the company’s stock, valued at approximately $265,000. Renaissance Technologies LLC owned 4.39% of Versus Systems as of its most recent filing with the SEC. 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.