Versus Systems Inc. (NASDAQ:VSSYW) Sees Large Growth in Short Interest

Versus Systems Inc. (NASDAQ:VSSYW) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 8,795 shares, an increase of 103.2% from the December 31st total of 4,328 shares. Based on an average daily trading volume, of 15,630 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 15,630 shares, the days-to-cover ratio is presently 0.6 days.

Versus Systems Stock Down 34.7%

NASDAQ VSSYW traded down $0.01 during trading on Friday, hitting $0.01. The company had a trading volume of 16,803 shares, compared to its average volume of 17,230. The company’s fifty day moving average is $0.03 and its 200-day moving average is $0.05. Versus Systems has a one year low of $0.00 and a one year high of $0.14.

Versus Systems Company Profile

Versus Systems, Inc operates a business-to-business digital engagement platform that enables brands, media companies and sports organizations to add interactive overlays and real-time reward experiences to live and on-demand video content. Its patent-protected technology powers a loyalty and gamification layer known as Versus Rewards, which delivers in-app or on-screen incentives such as coupons, digital collectibles and experiential prizes. By integrating seamlessly with streaming services, broadcast feeds and social platforms, Versus aims to increase viewer retention, engagement and monetization for its clients.

The company’s platform supports a broad array of use cases, including sports and esports viewing, branded entertainment campaigns, retail activations and virtual events.