Short Interest in Iveda Solutions, Inc. (NASDAQ:IVDA) Increases By 3,269.7%

Iveda Solutions, Inc. (NASDAQ:IVDA) was the recipient of a large growth in short interest in August. As of August 15th, there was short interest totalling 111,200 shares, a growth of 3,269.7% from the July 31st total of 3,300 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 114,600 shares, the days-to-cover ratio is presently 1.0 days.

Iveda Solutions Trading Down 8.4 %

Shares of Iveda Solutions stock opened at $0.40 on Wednesday. The firm has a market capitalization of $6.43 million, a PE ratio of -1.65 and a beta of 1.15. Iveda Solutions has a twelve month low of $0.27 and a twelve month high of $1.27. The firm’s 50-day moving average price is $0.45 and its 200 day moving average price is $0.68. The company has a current ratio of 3.57, a quick ratio of 3.24 and a debt-to-equity ratio of 0.10.

About Iveda Solutions

Iveda Solutions, Inc provides artificial intelligence (AI) and digital transformation technologies in the United States, Egypt, and Taiwan. The company offers IvedaAI, a deep-learning video analytics software; IvedaPinpoint, a solution that manages Bluetooth trackers and sensors, and displays them on a map for exact location; and Sentir Video, a video surveillance solution for various kinds of applications.