Short Interest in VSee Health, Inc. (NASDAQ:VSEE) Increases By 78.9%

VSee Health, Inc. (NASDAQ:VSEEGet Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 844,732 shares, an increase of 78.9% from the April 30th total of 472,222 shares. Based on an average daily volume of 593,410 shares, the short-interest ratio is presently 1.4 days. Currently, 23.5% of the shares of the company are sold short.

VSee Health Stock Performance

NASDAQ VSEE opened at $0.17 on Thursday. The stock’s 50-day simple moving average is $0.20 and its two-hundred day simple moving average is $0.34. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.41 and a current ratio of 0.41. VSee Health has a twelve month low of $0.15 and a twelve month high of $2.52.

VSee Health (NASDAQ:VSEEGet Free Report) last posted its quarterly earnings results on Friday, May 15th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.06. The business had revenue of $3.16 million for the quarter, compared to analyst estimates of $4.80 million. VSee Health had a negative return on equity of 11,636.34% and a negative net margin of 92.36%.

Analyst Upgrades and Downgrades

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

View Our Latest Analysis on VSee Health

Institutional Inflows and Outflows

An institutional investor recently raised its position in VSee Health stock. Osaic Holdings Inc. boosted its holdings in shares of VSee Health, Inc. (NASDAQ:VSEEFree Report) by 197.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,170 shares of the company’s stock after acquiring an additional 29,985 shares during the period. Osaic Holdings Inc. owned 1.25% of VSee Health worth $52,000 at the end of the most recent reporting period. 1.01% of the stock is owned by hedge funds and other institutional investors.

VSee Health Company Profile

(Get Free Report)

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.

Further Reading

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