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

Spectra7 Microsystems Inc. (OTCMKTS:SPVNF) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 27,700 shares, an increase of 61.0% from the March 15th total of 17,200 shares. Based on an average daily trading volume, of 76,200 shares, the days-to-cover ratio is currently 0.4 days.

Spectra7 Microsystems Price Performance

OTCMKTS SPVNF opened at $0.01 on Friday. Spectra7 Microsystems has a twelve month low of $0.01 and a twelve month high of $0.15. The business’s fifty day moving average is $0.03 and its 200 day moving average is $0.07.

About Spectra7 Microsystems

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.