VSee Health, Inc. (NASDAQ:VSEE) Sees Significant Drop in Short Interest

VSee Health, Inc. (NASDAQ:VSEE) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 472,222 shares, a decline of 39.7% from the April 15th total of 783,682 shares. Based on an average daily volume of 663,120 shares, the days-to-cover ratio is presently 0.7 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of VSee Health in a research report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, VSee Health has a consensus rating of “Sell”.

VSee Health Stock Down 11.2%

Shares of VSEE traded down $0.02 during mid-day trading on Monday, hitting $0.16. 1,176,129 shares of the company’s stock were exchanged, compared to its average volume of 666,912. The company has a market cap of $568,800.00 and a PE ratio of -0.29. The company has a 50-day simple moving average of $0.23 and a 200 day simple moving average of $0.42. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.51 and a quick ratio of 0.51. VSee Health has a 52 week low of $0.16 and a 52 week high of $2.52.

VSee Health (NASDAQ:VSEE) last announced its quarterly earnings data on Tuesday, March 31st. The company reported ($0.31) earnings per share for the quarter. The firm had revenue of $3.93 million during the quarter.

Hedge Funds Weigh In On VSee Health

An institutional investor recently bought a new position in VSee Health stock. Virtu Financial LLC purchased a new position in shares of VSee Health, Inc. (NASDAQ:VSEE) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 66,489 shares of the company’s stock, valued at approximately $25,000. Institutional investors own 1.01% of the company’s stock.

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.