Short Interest in Iveda Solutions, Inc. (NASDAQ:IVDAW) Declines By 50.4%

by · The Cerbat Gem

Iveda Solutions, Inc. (NASDAQ:IVDAW – Get Free Report) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 6,000 shares, a decrease of 50.4% from the February 13th total of 12,100 shares. Based on an average trading volume of 30,600 shares, the days-to-cover ratio is currently 0.2 days.

Iveda Solutions Price Performance

Shares of NASDAQ:IVDAW traded down $0.02 during trading on Friday, reaching $0.14. 753 shares of the stock were exchanged, compared to its average volume of 16,337. Iveda Solutions has a 1-year low of $0.01 and a 1-year high of $0.34. The stock has a fifty day moving average of $0.18 and a two-hundred day moving average of $0.10.

About Iveda Solutions

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Iveda Solutions, Inc provides artificial intelligence (AI) and digital transformation technologies in the United States and Taiwan. The company offers IvedaAI, a deep-learning video analytics software and Sentir Video, a video surveillance solution for various kinds of applications. It also provides Cerebro IoT Platform, a software technology platform that integrates a multitude of disparate systems for central access and management of applications, subsystems, and devices, and IvedaSPS, a smart power solution utilizing in Cerebro IoT platform, and IvedaXpress, a system for pre-existing IP cameras and AI analytics for servers and IT department.

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