Seeing Machines Limited (OTCMKTS:SEEMF) Sees Large Decrease in Short Interest

Seeing Machines Limited (OTCMKTS:SEEMF) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 17,900 shares, a decrease of 81.5% from the November 30th total of 96,500 shares. Based on an average trading volume of 119,800 shares, the days-to-cover ratio is presently 0.1 days.

Seeing Machines Stock Performance

Shares of OTCMKTS SEEMF remained flat at $0.06 during midday trading on Thursday. The business’s 50-day moving average price is $0.05 and its 200-day moving average price is $0.06. Seeing Machines has a one year low of $0.04 and a one year high of $0.11.

About Seeing Machines

Seeing Machines Limited, together with its subsidiaries, provides driver and occupant monitoring system technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It operates through two segments: Original Equipment Manufacturer (OEM) and Aftermarket. The company offers operator monitoring and intervention sensing technologies and services for the automotive, mining, transport, and aviation industries.