VSee Health, Inc. (NASDAQ:VSEE) Sees Significant Decline in Short Interest

VSee Health, Inc. (NASDAQ:VSEE) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 472,222 shares, a decline of 39.7% from the April 15th total of 783,682 shares. Based on an average daily trading volume, of 663,120 shares, the short-interest ratio is currently 0.7 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of VSee Health in a research note on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

VSee Health Trading Down 1.7%

Shares of VSEE traded down $0.00 during midday trading on Friday, hitting $0.18. The company had a trading volume of 486,126 shares. The company’s 50 day moving average price is $0.23 and its 200 day moving average price is $0.42. VSee Health has a 52 week low of $0.17 and a 52 week high of $2.52. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.51 and a quick ratio of 0.51.

VSee Health (NASDAQ:VSEE) last released its earnings results on Tuesday, March 31st. The company reported ($0.31) earnings per share for the quarter. The firm had revenue of $3.93 million for the quarter.

Institutional Investors Weigh In On VSee Health

An institutional investor recently raised its position in VSee Health stock. Osaic Holdings Inc. increased its holdings in VSee Health, Inc. (NASDAQ:VSEE) by 197.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 45,170 shares of the company’s stock after buying an additional 29,985 shares during the period. Osaic Holdings Inc. owned about 1.25% of VSee Health worth $52,000 as of its most recent filing with the SEC. Hedge funds and other 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.