VerifyMe, Inc. (NASDAQ:VRME) Short Interest Up 24.5% in February

VerifyMe, Inc. (NASDAQ:VRME) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 208,600 shares, an increase of 24.5% from the January 31st total of 167,600 shares. Based on an average trading volume of 6,290,000 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Barrington Research restated an “outperform” rating and set a $1.50 target price on shares of VerifyMe in a research note on Wednesday, November 13th.

VerifyMe Stock Up 5.9 %

Shares of NASDAQ:VRME opened at $0.96 on Thursday. The company has a market capitalization of $10.41 million, a PE ratio of -3.08 and a beta of 0.34. VerifyMe has a 52-week low of $0.58 and a 52-week high of $5.00. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.74 and a current ratio of 1.74. The company has a fifty day moving average of $1.63 and a 200-day moving average of $1.29.

VerifyMe Company Profile

VerifyMe, Inc, together with its subsidiary, PeriShip Global, LLC, operates as a technology solutions provider that specializes in products to connect brands with consumers and providing brands with end-to-end logistics management for their products. The company operates through two segments, VerifyMe Solutions and PeriShip Global Solutions.