VERSES AI Inc. (OTCMKTS:VRSSF – Get Free Report) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 21,503 shares, a growth of 722.9% from the January 15th total of 2,613 shares. Based on an average daily volume of 89,946 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 89,946 shares, the days-to-cover ratio is currently 0.2 days.
VERSES AI Trading Down 45.4%
Shares of VRSSF traded down $0.84 during mid-day trading on Tuesday, reaching $1.01. 222,426 shares of the company’s stock were exchanged, compared to its average volume of 44,808. VERSES AI has a 52-week low of $0.55 and a 52-week high of $29.70. The company has a 50-day simple moving average of $1.62 and a two-hundred day simple moving average of $3.61.
About VERSES AI
Verses AI (OTCMKTS: VRSSF) is a software company specializing in spatial artificial intelligence, focusing on context and location-based processing. Its flagship platform, the Verses AI Context Engine, integrates diverse data streams—such as sensor feeds, geospatial information and real-world metadata—to construct a dynamic, interconnected model of places and objects. By applying proprietary machine learning algorithms to this model, the company enables developers to build applications that respond intelligently to changes in a user’s environment, including augmented reality, Internet of Things, smart cities and digital twin scenarios.
The company offers a suite of developer tools and services designed to streamline the incorporation of spatial context into existing workflows.
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