Short Interest in INEO Tech Corp. (OTCMKTS:INEOF) Increases By 97.5%

INEO Tech Corp. (OTCMKTS:INEOF) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 21,292 shares, a growth of 97.5% from the June 30th total of 10,779 shares. Based on an average daily trading volume, of 14,300 shares, the days-to-cover ratio is presently 1.5 days.

INEO Tech Stock Performance

Shares of INEO Tech stock opened at $0.07 on Thursday. INEO Tech has a 1 year low of $0.06 and a 1 year high of $0.41. The company has a 50-day moving average of $0.04 and a 200 day moving average of $0.02.

About INEO Tech

INEO Tech Corp., through its subsidiary, INEO Solutions Inc, provides analytics and advertising services through cloud-based internet of things in Canada. Its technology combines security tag readers for digital advertising at the entrance and exit of retail stores. The company’s cloud-based platform uses Internet of Things and artificial intelligence technology to deliver digital advertising to each retail location based on the demographic mix, such as age and gender, of customer traffic at each location.