Iveda Solutions, Inc. (NASDAQ:IVDA) Short Interest Update

Iveda Solutions, Inc. (NASDAQ:IVDA) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 139,400 shares, a decline of 19.9% from the November 30th total of 174,100 shares. Based on an average daily trading volume, of 339,400 shares, the short-interest ratio is currently 0.4 days. Currently, 5.5% of the company’s shares are sold short.

Iveda Solutions Price Performance

IVDA stock traded down $2.48 during mid-day trading on Tuesday, reaching $4.94. The company had a trading volume of 857,453 shares, compared to its average volume of 117,210. The business has a 50 day moving average of $2.17. 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 12 month low of $1.27 and a 12 month high of $10.16. The stock has a market cap of $13.13 million, a P/E ratio of -3.05 and a beta of 1.11.

About Iveda Solutions

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.