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

VSee Health, Inc. (NASDAQ:VSEE) was the target 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.

VSee Health Price Performance

VSee Health stock traded down $0.00 during midday trading on Friday, reaching $0.18. 486,126 shares of the stock traded hands. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.11. The firm has a fifty day moving average price of $0.23 and a two-hundred day moving average price of $0.42. VSee Health has a fifty-two week low of $0.17 and a fifty-two week high of $2.52.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in VSee Health stock. Osaic Holdings Inc. raised its position in shares of VSee Health, Inc. (NASDAQ:VSEE) by 197.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,170 shares of the company’s stock after purchasing an additional 29,985 shares during the period. Osaic Holdings Inc. owned 1.25% of VSee Health worth $52,000 at the end of the most recent quarter. 1.01% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of VSee Health in a report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

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.