VSee Health, Inc. (NASDAQ:VSEE) Short Interest Update

VSee Health, Inc. (NASDAQ:VSEE) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 1,137,627 shares, an increase of 44.0% from the January 15th total of 790,206 shares. Based on an average daily trading volume, of 823,326 shares, the short-interest ratio is currently 1.4 days. Based on an average daily trading volume, of 823,326 shares, the short-interest ratio is currently 1.4 days.

Wall Street Analyst Weigh In

VSEE has been the topic of several research analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of VSee Health in a research note on Wednesday, January 21st. Wall Street Zen raised VSee Health to a “sell” rating in a report on Saturday, December 6th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $5.00.

Institutional Trading of VSee Health

A hedge fund recently raised its stake in VSee Health stock. Osaic Holdings Inc. boosted its stake in shares of VSee Health, Inc. (NASDAQ:VSEE) by 197.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,170 shares of the company’s stock after acquiring an additional 29,985 shares during the quarter. Osaic Holdings Inc. owned about 1.25% of VSee Health worth $52,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 1.01% of the company’s stock.

VSee Health Price Performance

VSEE stock opened at $0.35 on Friday. The company has a market cap of $1.26 million and a price-to-earnings ratio of -1.13. The company has a fifty day moving average price of $0.42 and a 200 day moving average price of $0.65. VSee Health has a 12 month low of $0.31 and a 12 month high of $2.52.

VSee Health (NASDAQ:VSEE) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.06. The business had revenue of $3.98 million during the quarter, compared to analyst estimates of $4.10 million.

VSee Health Company Profile

VSee Health is a telehealth technology company that develops secure, HIPAA-compliant software solutions for virtual care. The company’s flagship platform offers high-definition video visits, real-time messaging and collaboration tools designed to streamline remote consultations between patients and healthcare providers. VSee’s solutions are built to integrate with electronic health record systems and include features such as digital waiting rooms, screen sharing and file transfer capabilities.

In addition to video conferencing, VSee Health provides remote patient monitoring (RPM) tools that enable clinicians to collect biometric data, such as blood pressure, heart rate and glucose readings, from patients in their homes.