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

Iveda Solutions, Inc. (NASDAQ:IVDAW) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 8,303 shares, an increase of 234.4% from the July 15th total of 2,483 shares. Based on an average daily trading volume, of 9,664 shares, the days-to-cover ratio is presently 0.9 days.

Iveda Solutions Stock Up 27.0%

NASDAQ:IVDAW traded up $0.01 during mid-day trading on Thursday, reaching $0.03. 29,444 shares of the company were exchanged, compared to its average volume of 13,031. Iveda Solutions has a 12 month low of $0.02 and a 12 month high of $0.38. The company has a fifty day moving average of $0.04 and a 200 day moving average of $0.06.

Iveda Solutions Company Profile

Iveda Solutions (NASDAQ: IVDAW) is a technology company specializing in video surveillance and analytics solutions for small to medium-sized businesses, enterprises and government agencies. Its platform combines Internet of Things (IoT) connectivity, edge computing and cloud-based services to deliver real-time monitoring, event detection and advanced analytics. The company’s offerings are designed to improve security, operational efficiency and situational awareness across a variety of settings, including commercial properties, critical infrastructure and public-sector environments.

The company’s core product suite includes its proprietary video management system (IVMS), Iveda Cloud, and a range of hardware devices such as network cameras, sensors and IoT gateways.