Iveda Solutions, Inc. (NASDAQ:IVDAW) Sees Large Decrease in Short Interest

Iveda Solutions, Inc. (NASDAQ:IVDAW) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 3,400 shares, a decrease of 43.3% from the February 28th total of 6,000 shares. Based on an average daily volume of 28,500 shares, the short-interest ratio is presently 0.1 days.

Iveda Solutions Price Performance

Shares of Iveda Solutions stock traded down $0.02 during midday trading on Friday, reaching $0.15. 8,719 shares of the company’s stock traded hands, compared to its average volume of 14,195. The stock has a 50 day moving average of $0.17 and a 200-day moving average of $0.11. Iveda Solutions has a 12 month low of $0.01 and a 12 month high of $0.34.

About Iveda Solutions

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.