Short Interest in VERSES AI Inc. (OTCMKTS:VRSSF) Declines By 78.6%

VERSES AI Inc. (OTCMKTS:VRSSF) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 3,878 shares, a decline of 78.6% from the February 12th total of 18,122 shares. Based on an average daily volume of 69,935 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 69,935 shares, the short-interest ratio is currently 0.1 days.

VERSES AI Stock Down 7.0%

Shares of VRSSF traded down $0.05 during mid-day trading on Tuesday, hitting $0.64. 32,683 shares of the company were exchanged, compared to its average volume of 39,613. VERSES AI has a 1-year low of $0.55 and a 1-year high of $25.65. The company has a 50 day moving average of $1.09 and a 200-day moving average of $2.94.

About VERSES AI

Verses AI (OTCMKTS: VRSSF) is a software company specializing in spatial artificial intelligence, focusing on context and location-based processing. Its flagship platform, the Verses AI Context Engine, integrates diverse data streams—such as sensor feeds, geospatial information and real-world metadata—to construct a dynamic, interconnected model of places and objects. By applying proprietary machine learning algorithms to this model, the company enables developers to build applications that respond intelligently to changes in a user’s environment, including augmented reality, Internet of Things, smart cities and digital twin scenarios.

The company offers a suite of developer tools and services designed to streamline the incorporation of spatial context into existing workflows.