Versus Systems Inc. (NASDAQ:VS) Sees Large Decline in Short Interest

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of Versus Systems from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Institutional Investors Weigh In On Versus Systems

A hedge fund recently raised its position in Versus Systems stock. DRW Securities LLC raised its holdings in shares of Versus Systems Inc. (NASDAQ:VS) by 213.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,424 shares of the company’s stock after purchasing an additional 21,407 shares during the quarter. DRW Securities LLC owned 0.64% of Versus Systems worth $38,000 as of its most recent filing with the Securities & Exchange Commission. 60.72% of the stock is owned by institutional investors and hedge funds.

Versus Systems Trading Down 2.9%

Versus Systems stock traded down $0.04 during midday trading on Thursday, hitting $1.32. The stock had a trading volume of 40,187 shares, compared to its average volume of 61,437. Versus Systems has a 52-week low of $0.75 and a 52-week high of $2.83. The company has a market capitalization of $6.47 million, a PE ratio of -4.26 and a beta of 1.34. The firm’s fifty day moving average is $1.28 and its two-hundred day moving average is $1.18.

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.

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.