Versus Systems Inc. (NASDAQ:VS) Sees Significant Drop in Short Interest

Versus Systems Inc. (NASDAQ:VS) saw a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 14,074 shares, a drop of 41.6% from the March 15th total of 24,102 shares. Based on an average daily volume of 11,170 shares, the short-interest ratio is currently 1.3 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Trading of Versus Systems

A hedge fund recently raised its stake in Versus Systems stock. DRW Securities LLC grew its position in Versus Systems Inc. (NASDAQ:VS) by 213.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,424 shares of the company’s stock after acquiring an additional 21,407 shares during the period. DRW Securities LLC owned about 0.64% of Versus Systems worth $38,000 at the end of the most recent quarter. Institutional investors and hedge funds own 60.72% of the company’s stock.

Versus Systems Stock Up 2.8%

Shares of NASDAQ:VS opened at $1.09 on Wednesday. The company has a market cap of $5.34 million, a price-to-earnings ratio of -2.60 and a beta of 1.38. The firm’s 50-day simple moving average is $1.03 and its 200-day simple moving average is $1.37. Versus Systems has a fifty-two week low of $0.75 and a fifty-two week high of $2.83.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Versus Systems in a research report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

About Versus Systems

Versus Systems is a technology company that specializes in digital engagement and incentivization solutions for brands, publishers and game developers. Its core offering is the Versus platform, which allows companies to integrate branded challenges and rewards directly into digital experiences such as video games, streaming content and e-commerce sites. By embedding real-time incentives—ranging from digital collectibles and in-game items to discount codes and promotional offers—Versus aims to enhance user engagement and drive brand affinity through interactive, gamified mechanics.

The company’s technology leverages blockchain and web3 principles to deliver verifiable, traceable rewards while supporting traditional digital asset distribution.