Short Interest in Versus Systems Inc. (NASDAQ:VS) Drops By 41.6%

Versus Systems Inc. (NASDAQ:VS) was the target of a large decline in short interest in March. As of March 31st, there was short interest totaling 14,074 shares, a decline of 41.6% from the March 15th total of 24,102 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 11,170 shares, the days-to-cover ratio is presently 1.3 days.

Versus Systems Stock Performance

Shares of NASDAQ VS opened at $1.10 on Monday. The firm’s 50-day moving average price is $1.03 and its 200-day moving average price is $1.39. The stock has a market capitalization of $5.39 million, a price-to-earnings ratio of -2.62 and a beta of 1.38. Versus Systems has a 12-month low of $0.75 and a 12-month high of $2.83.

Institutional Trading of Versus Systems

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Versus Systems in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

About Versus Systems

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.