Iveda Solutions, Inc. (NASDAQ:IVDA) Sees Large Growth in Short Interest

Iveda Solutions, Inc. (NASDAQ:IVDA) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 189,200 shares, a growth of 35.7% from the December 31st total of 139,400 shares. Currently, 7.5% of the shares of the stock are short sold. Based on an average daily volume of 425,400 shares, the days-to-cover ratio is presently 0.4 days.

Iveda Solutions Price Performance

Shares of NASDAQ:IVDA opened at $3.56 on Friday. Iveda Solutions has a 12 month low of $1.27 and a 12 month high of $10.16. The business’s 50 day moving average price is $3.44. The company has a current ratio of 2.45, a quick ratio of 2.04 and a debt-to-equity ratio of 0.08.

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.