Iveda Solutions, Inc. (NASDAQ:IVDAW) Sees Significant Decline in Short Interest

Iveda Solutions, Inc. (NASDAQ:IVDAW) was the recipient of a large decrease in short interest in February. As of February 15th, there was short interest totalling 12,100 shares, a decrease of 21.4% from the January 31st total of 15,400 shares. Based on an average daily trading volume, of 27,200 shares, the days-to-cover ratio is presently 0.4 days.

Iveda Solutions Trading Down 23.7 %

Shares of IVDAW traded down $0.04 during mid-day trading on Tuesday, reaching $0.12. 2,500 shares of the company’s stock traded hands, compared to its average volume of 18,433. The stock’s 50-day moving average is $0.19 and its two-hundred day moving average is $0.10. Iveda Solutions has a 12 month low of $0.01 and a 12 month high of $0.34.

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.