Spectra7 Microsystems Inc. (OTCMKTS:SPVNF) Sees Significant Increase in Short Interest

Spectra7 Microsystems Inc. (OTCMKTS:SPVNF) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 66,300 shares, an increase of 662.1% from the January 31st total of 8,700 shares. Based on an average trading volume of 60,100 shares, the short-interest ratio is presently 1.1 days.

Spectra7 Microsystems Stock Down 10.1 %

SPVNF opened at $0.04 on Friday. Spectra7 Microsystems has a 52 week low of $0.04 and a 52 week high of $0.62. The business’s fifty day simple moving average is $0.07 and its 200 day simple moving average is $0.09.

Spectra7 Microsystems Company Profile

Spectra7 Microsystems Inc operates as an analog semiconductor company in Canada and China. The company offers virtual reality (VR) products, including VR7050 to enable lightweight and ultra-thin active interconnects for gesture recognition and motion control backhaul; augmented reality (AR) -Connect, an integrated cable, connector, and embedded chipset product line for AR vision systems and wearable computing devices; and DreamWeVR, includes VR8181, VR8050, VR8200 and VR8300 chips to support high-bandwidth, near-zero latency VR head-mounted displays, and AR glasses.