VSee Health, Inc. (NASDAQ:VSEE) Sees Large Growth in Short Interest

VSee Health, Inc. (NASDAQ:VSEE) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,137,627 shares, an increase of 44.0% from the January 15th total of 790,206 shares. Based on an average daily volume of 823,326 shares, the short-interest ratio is presently 1.4 days. Based on an average daily volume of 823,326 shares, the short-interest ratio is presently 1.4 days.

Institutional Trading of VSee Health

An institutional investor recently raised its position in VSee Health stock. Osaic Holdings Inc. grew its position in VSee Health, Inc. (NASDAQ:VSEE) by 197.5% in the second quarter, according to the company in its most recent disclosure with the 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 about 1.25% of VSee Health worth $52,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 1.01% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen raised shares of VSee Health to a “sell” rating in a report on Saturday, December 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of VSee Health in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.00.

VSee Health Trading Up 8.4%

NASDAQ VSEE opened at $0.35 on Monday. The stock has a 50-day simple moving average of $0.42 and a two-hundred day simple moving average of $0.65. VSee Health has a fifty-two week low of $0.31 and a fifty-two week high of $2.52.

VSee Health (NASDAQ:VSEE) last posted its earnings results on Friday, November 14th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.06. The company had revenue of $3.98 million for the quarter, compared to analyst estimates of $4.10 million.

About VSee Health

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.