VSee Health, Inc. (NASDAQ:VSEE) Short Interest Update

VSee Health, Inc. (NASDAQ:VSEE) saw a large increase in short interest in 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 days-to-cover ratio is currently 1.4 days. Based on an average daily volume of 823,326 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VSee Health stock. HB Wealth Management LLC acquired a new stake in VSee Health, Inc. (NASDAQ:VSEE) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 602,652 shares of the company’s stock, valued at approximately $368,000. HB Wealth Management LLC owned about 16.74% of VSee Health at the end of the most recent quarter. 1.01% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on VSEE. Wall Street Zen raised VSee Health to a “sell” rating in a research report on Saturday, December 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of VSee Health in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $5.00.

VSee Health Trading Up 8.4%

Shares of VSee Health stock opened at $0.35 on Tuesday. VSee Health has a 52-week low of $0.31 and a 52-week high of $2.52. The stock has a 50-day simple moving average of $0.41 and a 200-day simple moving average of $0.64.

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

VSee Health Company Profile

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.