Short Interest in Iveda Solutions, Inc. (NASDAQ:IVDA) Declines By 60.4%

Iveda Solutions, Inc. (NASDAQ:IVDA) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 72,100 shares, a drop of 60.4% from the October 31st total of 182,000 shares. Based on an average trading volume of 220,100 shares, the days-to-cover ratio is presently 0.3 days. Currently, 2.9% of the company’s stock are short sold.

Iveda Solutions Price Performance

NASDAQ:IVDA opened at $1.82 on Friday. The company has a market capitalization of $4.84 million, a price-to-earnings ratio of -1.11 and a beta of 1.11. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.45 and a quick ratio of 2.04. Iveda Solutions has a one year low of $1.27 and a one year high of $10.16. The business’s 50-day simple moving average is $1.66.

Iveda Solutions Company Profile

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.