Short Interest in Versus Systems Inc. (NASDAQ:VS) Drops By 57.5%

Versus Systems Inc. (NASDAQ:VS) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 28,830 shares, a drop of 57.5% from the July 15th total of 67,794 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 24,670 shares, the short-interest ratio is presently 1.2 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Versus Systems from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Versus Systems currently has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Versus Systems stock. DRW Securities LLC grew its stake in shares of Versus Systems Inc. (NASDAQ:VS) by 213.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,424 shares of the company’s stock after acquiring an additional 21,407 shares during the period. DRW Securities LLC owned 0.64% of Versus Systems worth $38,000 at the end of the most recent quarter. 60.72% of the stock is currently owned by institutional investors and hedge funds.

Versus Systems Stock Performance

Versus Systems stock opened at $1.41 on Friday. Versus Systems has a 52 week low of $0.75 and a 52 week high of $2.65. The stock has a market capitalization of $6.91 million, a P/E ratio of -4.55 and a beta of 1.35. The stock has a 50-day simple moving average of $1.38 and a 200 day simple moving average of $1.21.

Versus Systems (NASDAQ:VS) last announced its quarterly earnings results on Friday, August 14th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($29.07) by $29.17.

Versus Systems Company Profile

Versus Systems is a technology company that specializes in digital engagement and incentivization solutions for brands, publishers and game developers. Its core offering is the Versus platform, which allows companies to integrate branded challenges and rewards directly into digital experiences such as video games, streaming content and e-commerce sites. By embedding real-time incentives—ranging from digital collectibles and in-game items to discount codes and promotional offers—Versus aims to enhance user engagement and drive brand affinity through interactive, gamified mechanics.

The company’s technology leverages blockchain and web3 principles to deliver verifiable, traceable rewards while supporting traditional digital asset distribution.