Vsee Health, Inc. (NASDAQ:VSEE) Short Interest Down 25.9% in February

Vsee Health, Inc. (NASDAQ:VSEE) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 85,200 shares, a decrease of 25.9% from the January 31st total of 115,000 shares. Approximately 1.4% of the shares of the stock are short sold. Based on an average daily volume of 2,050,000 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Maxim Group assumed coverage on shares of Vsee Health in a report on Monday, February 24th. They set a “buy” rating and a $5.00 price target for the company.

Vsee Health Price Performance

Shares of VSEE traded up $0.03 on Wednesday, hitting $1.28. The company’s stock had a trading volume of 20,012 shares, compared to its average volume of 310,118. The company has a 50 day moving average price of $1.57 and a 200 day moving average price of $1.54. Vsee Health has a fifty-two week low of $1.12 and a fifty-two week high of $33.08. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.16.

Hedge Funds Weigh In On Vsee Health

A hedge fund recently raised its stake in Vsee Health stock. Geode Capital Management LLC increased its stake in shares of Vsee Health, Inc. (NASDAQ:VSEE) by 56.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,549 shares of the company’s stock after buying an additional 24,245 shares during the period. Geode Capital Management LLC owned 1.87% of Vsee Health worth $92,000 at the end of the most recent quarter. 1.01% of the stock is owned by institutional investors.

About Vsee Health

VSee Health, Inc is a no-code or low-code software as a service (SaaS) platform that enables clinicians and enterprises to create their telehealth workflows without programming. It engages in providing timely, quality healthcare to patients regardless of geographical barriers. The company is headquartered in Boca Raton, FL.