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

VerifyMe, Inc. (NASDAQ:VRME) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 25,500 shares, an increase of 920.0% from the November 30th total of 2,500 shares. Based on an average daily trading volume, of 96,000 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, Barrington Research reiterated an “outperform” rating and issued a $1.50 price objective on shares of VerifyMe in a research report on Wednesday, November 13th.

VerifyMe Trading Down 1.6 %

Shares of VRME opened at $0.63 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.74 and a quick ratio of 1.74. VerifyMe has a 1-year low of $0.58 and a 1-year high of $2.45. The stock has a market cap of $6.62 million, a price-to-earnings ratio of -2.03 and a beta of 0.51. The firm has a 50 day simple moving average of $0.93 and a 200-day simple moving average of $1.18.

About VerifyMe

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.