Versus Systems Inc. (NASDAQ:VS) Sees Large Increase in Short Interest

Versus Systems Inc. (NASDAQ:VS) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 62,884 shares, an increase of 501.6% from the April 15th total of 10,452 shares. Based on an average daily volume of 301,396 shares, the short-interest ratio is presently 0.2 days. Currently, 1.3% of the shares of the company are sold short.

Institutional Investors Weigh In On Versus Systems

A hedge fund recently raised its stake in Versus Systems stock. DRW Securities LLC lifted its stake in shares of Versus Systems Inc. (NASDAQ:VS) by 213.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,424 shares of the company’s stock after purchasing an additional 21,407 shares during the period. DRW Securities LLC owned 0.64% of Versus Systems worth $38,000 at the end of the most recent quarter. Institutional investors own 60.72% of the company’s stock.

Versus Systems Stock Down 5.1%

Shares of VS stock opened at $1.12 on Thursday. The company has a 50 day moving average of $1.12 and a 200-day moving average of $1.25. Versus Systems has a 12-month low of $0.75 and a 12-month high of $2.83. The firm has a market cap of $5.49 million, a P/E ratio of -3.03 and a beta of 1.28.

Versus Systems (NASDAQ:VS) last issued its quarterly earnings results on Monday, April 13th. The company reported ($0.20) earnings per share (EPS) for the quarter. The firm had revenue of $2.16 million for the quarter.

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.