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

Iveda Solutions, Inc. (NASDAQ:IVDA) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 182,000 shares, an increase of 188.0% from the October 15th total of 63,200 shares. Based on an average daily volume of 100,000 shares, the short-interest ratio is currently 1.8 days. Currently, 8.5% of the shares of the stock are sold short.

Iveda Solutions Price Performance

IVDA stock opened at $1.44 on Friday. The firm has a market capitalization of $3.25 million, a price-to-earnings ratio of -0.82 and a beta of 1.11. Iveda Solutions has a 12 month low of $1.27 and a 12 month high of $10.16. The company has a current ratio of 2.57, a quick ratio of 2.19 and a debt-to-equity ratio of 0.10. The company’s 50 day simple moving average is $1.61.

Iveda Solutions (NASDAQ:IVDA) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.03) EPS for the quarter. The company had revenue of $1.53 million for the quarter. Iveda Solutions had a negative net margin of 93.39% and a negative return on equity of 66.09%.

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.