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

VerifyMe, Inc. (NASDAQ:VRME) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,340,000 shares, an increase of 16,862.0% from the December 31st total of 7,900 shares. Based on an average daily trading volume, of 6,070,000 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Barrington Research reiterated an “outperform” rating and set a $1.50 price objective on shares of VerifyMe in a research note on Wednesday, November 13th.

VerifyMe Stock Up 2.1 %

NASDAQ VRME opened at $1.44 on Friday. VerifyMe has a one year low of $0.58 and a one year high of $5.00. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.74 and a quick ratio of 1.74. The business has a fifty day moving average price of $1.44 and a 200 day moving average price of $1.31.

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.