VSee Health, Inc. (NASDAQ:VSEE) Sees Large Increase in Short Interest

VSee Health, Inc. (NASDAQ:VSEE) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,936,650 shares, a growth of 129.3% from the May 14th total of 844,732 shares. Based on an average trading volume of 6,735,851 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On VSee Health

An institutional investor recently bought a new position in VSee Health stock. Virtu Financial LLC purchased a new position in shares of VSee Health, Inc. (NASDAQ:VSEE) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 66,489 shares of the company’s stock, valued at approximately $25,000. 1.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of VSee Health in a research note on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, VSee Health currently has a consensus rating of “Sell”.

VSee Health Price Performance

Shares of NASDAQ VSEE opened at $0.14 on Monday. VSee Health has a 12 month low of $0.14 and a 12 month high of $2.52. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.12. The company has a 50-day simple moving average of $0.19 and a 200-day simple moving average of $0.32.

VSee Health (NASDAQ:VSEE) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.06. The business had revenue of $3.16 million during the quarter, compared to the consensus estimate of $4.80 million. VSee Health had a negative net margin of 92.36% and a negative return on equity of 11,636.34%.

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.