Short Interest in VSee Health, Inc. (NASDAQ:VSEE) Expands By 22.7%

VSee Health, Inc. (NASDAQ:VSEE) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 1,396,235 shares, a growth of 22.7% from the January 29th total of 1,137,627 shares. Based on an average daily trading volume, of 501,127 shares, the short-interest ratio is presently 2.8 days. Approximately 38.8% of the company’s stock are short sold. Approximately 38.8% of the company’s stock are short sold. Based on an average daily trading volume, of 501,127 shares, the short-interest ratio is presently 2.8 days.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on VSEE shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of VSee Health in a report on Wednesday, January 21st. Wall Street Zen raised shares of VSee Health to a “sell” rating in a research report on Saturday, December 6th. One equities research 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 Performance

Shares of VSee Health stock traded down $0.05 during trading on Tuesday, reaching $0.30. The company had a trading volume of 1,322,027 shares, compared to its average volume of 683,567. VSee Health has a fifty-two week low of $0.29 and a fifty-two week high of $2.52. The firm’s fifty day moving average is $0.39 and its 200-day moving average is $0.58. The company has a market cap of $1.09 million and a price-to-earnings ratio of -0.98.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Osaic Holdings Inc. increased its holdings in shares of VSee Health by 197.5% in the 2nd quarter. Osaic Holdings Inc. now owns 45,170 shares of the company’s stock valued at $52,000 after acquiring an additional 29,985 shares during the last quarter. HB Wealth Management LLC acquired a new stake in shares of VSee Health during the third quarter worth $368,000. Finally, Virtu Financial LLC bought a new position in shares of VSee Health in the 4th quarter worth about $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.