VerifyMe, Inc. (NASDAQ:VRME) Short Interest Update

VerifyMe, Inc. (NASDAQ:VRME) was the recipient of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 167,600 shares, a decline of 87.5% from the January 15th total of 1,340,000 shares. Based on an average daily volume of 6,230,000 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

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

VerifyMe Trading Up 3.5 %

Shares of NASDAQ VRME opened at $1.19 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.74 and a quick ratio of 1.74. The firm’s 50-day moving average price is $1.53 and its two-hundred day moving average price is $1.30. VerifyMe has a 52-week low of $0.58 and a 52-week high of $5.00.

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.