Versus Systems Inc. (NASDAQ:VSSYW) Sees Large Growth in Short Interest

Versus Systems Inc. (NASDAQ:VSSYW) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 8,795 shares, a growth of 103.2% from the December 31st total of 4,328 shares. Based on an average daily volume of 15,630 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 15,630 shares, the days-to-cover ratio is currently 0.6 days.

Versus Systems Price Performance

VSSYW stock traded down $0.01 during midday trading on Friday, reaching $0.01. The company had a trading volume of 16,803 shares, compared to its average volume of 17,230. The firm has a 50-day moving average price of $0.03 and a 200-day moving average price of $0.05. Versus Systems has a 1 year low of $0.00 and a 1 year high of $0.14.

About Versus Systems

Versus Systems, Inc operates a business-to-business digital engagement platform that enables brands, media companies and sports organizations to add interactive overlays and real-time reward experiences to live and on-demand video content. Its patent-protected technology powers a loyalty and gamification layer known as Versus Rewards, which delivers in-app or on-screen incentives such as coupons, digital collectibles and experiential prizes. By integrating seamlessly with streaming services, broadcast feeds and social platforms, Versus aims to increase viewer retention, engagement and monetization for its clients.

The company’s platform supports a broad array of use cases, including sports and esports viewing, branded entertainment campaigns, retail activations and virtual events.