Versus Systems Inc. (NASDAQ:VS) Sees Significant Drop in Short Interest

Versus Systems Inc. (NASDAQ:VS) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 6,581 shares, a decrease of 40.5% from the May 31st total of 11,063 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 48,728 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded Versus Systems from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Versus Systems currently has a consensus rating of “Sell”.

Versus Systems Stock Down 2.9%

Shares of NASDAQ:VS opened at $1.32 on Friday. The stock has a market cap of $6.47 million, a PE ratio of -4.26 and a beta of 1.34. The company’s fifty day moving average is $1.28 and its 200 day moving average is $1.18. Versus Systems has a 52 week low of $0.75 and a 52 week high of $2.83.

Versus Systems (NASDAQ:VS) last posted its quarterly earnings results on Friday, May 15th. The company reported ($0.14) earnings per share for the quarter. The business had revenue of $0.02 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Versus Systems stock. DRW Securities LLC grew its stake in Versus Systems Inc. (NASDAQ:VS) by 213.7% in 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 purchasing an additional 21,407 shares during the quarter. DRW Securities LLC owned about 0.64% of Versus Systems worth $38,000 at the end of the most recent quarter. 60.72% of the stock is owned by hedge funds and other institutional investors.

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.