VERIFYME INC (OTCMKTS:VRME)’s Stock Is Buy After Less Market Selling

June 14, 2018 - By Clifton Ray

VerifyMe, Inc. (OTCMKTS:VRME) Logo

The stock of VERIFYME INC (OTCMKTS:VRME) registered a decrease of 83.33% in short interest. VRME’s total short interest was 100 shares in June as published by FINRA. Its down 83.33% from 600 shares, reported previously.

The stock decreased 4.17% or $0.01 during the last trading session, reaching $0.23. About 11,000 shares traded. VerifyMe, Inc. (OTCMKTS:VRME) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.

VerifyMe, Inc. provides security solutions for the identification and authentication of people, products, and packaging for various applications in the United States. The company has market cap of $22.14 million. The firm offers RainbowSecure technology that combines an invisible ink with a proprietary tuned laser to enable counterfeit products to be exposed for gaming industry, as well as for anti-counterfeit protection of tags and labels in the apparel industry; and SecureLight technology, which changes the color of ink for use in various applications, including credit cards, driver's licenses, passports, stock certificates, clothing labels, currencies, ID cards, and tax stamps, as well as to protect apparels, pharmaceuticals, and other physical products. It currently has negative earnings. It also provides SecureLight+ technology, a solution that can be authenticated by proprietary tuned laser devices, and with fluorescent lighting; and authentication tools, which allows clients to authenticate items with a customized beeper that identifies a product bearing their unique anti-counterfeit solution.

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