VerifyMe, Inc. (NASDAQ:VRME) Short Interest Update

VerifyMe, Inc. (NASDAQ:VRME) was the target of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 7,900 shares, a decrease of 19.4% from the October 31st total of 9,800 shares. Based on an average trading volume of 34,200 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Separately, Barrington Research reaffirmed an “outperform” rating and issued a $1.50 target price on shares of VerifyMe in a report on Wednesday, November 13th.

VerifyMe Trading Down 3.3 %

NASDAQ VRME opened at $0.78 on Friday. The firm’s fifty day moving average is $1.19 and its two-hundred day moving average is $1.31. VerifyMe has a one year low of $0.58 and a one year high of $2.45. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.74 and a current ratio of 1.74. The firm has a market cap of $8.20 million, a PE ratio of -2.52 and a beta of 0.67.

About VerifyMe

VerifyMe, Inc, together with its subsidiary, PeriShip Global, LLC, operates as a technology solutions provider that specializes in products to connect brands with consumers and providing brands with end-to-end logistics management for their products. The company operates through two segments, VerifyMe Solutions and PeriShip Global Solutions.