Versus Systems Inc. (NASDAQ:VS) Short Interest Update

Versus Systems Inc. (NASDAQ:VS) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 29,400 shares, a decline of 43.7% from the October 15th total of 52,200 shares. Based on an average daily trading volume, of 2,020,000 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, HC Wainwright increased their target price on shares of Versus Systems from $1.50 to $3.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd.

Versus Systems Stock Down 5.6 %

Shares of NASDAQ VS opened at $1.67 on Wednesday. The company has a 50 day simple moving average of $1.68 and a two-hundred day simple moving average of $1.57. Versus Systems has a fifty-two week low of $1.00 and a fifty-two week high of $9.59.

Versus Systems (NASDAQ:VS) last released its earnings results on Wednesday, August 14th. The company reported ($0.54) EPS for the quarter, missing the consensus estimate of ($0.50) by ($0.04). The company had revenue of $0.03 million during the quarter, compared to the consensus estimate of $0.05 million. Versus Systems had a negative return on equity of 255.40% and a negative net margin of 8,703.52%. Analysts predict that Versus Systems will post -2.17 earnings per share for the current fiscal year.

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.