Appen Limited (OTCMKTS:APPEF) Short Interest Up 46,133.3% in March

Appen Limited (OTCMKTS:APPEF) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 138,700 shares, an increase of 46,133.3% from the February 28th total of 300 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 693.5 days.

Appen Stock Performance

APPEF opened at $0.92 on Friday. The stock has a fifty day moving average of $1.43 and a 200-day moving average of $1.34. Appen has a 12-month low of $0.21 and a 12-month high of $2.18.

About Appen

Appen Limited operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally. It operates through two segments, Global Services and New Markets. The company provides a platform for the AI data development process.