Appen Limited (OTCMKTS:APPEF – Get Free Report) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 62,678 shares, a drop of 35.9% from the August 15th total of 97,728 shares. Based on an average daily trading volume, of 10,909 shares, the short-interest ratio is presently 5.7 days.
Appen Stock Performance
Shares of APPEF opened at $0.71 on Friday. Appen has a 1-year low of $0.43 and a 1-year high of $1.32. The company has a 50-day moving average of $0.81 and a 200 day moving average of $0.86.
About Appen
Appen Ltd. is a global leader in providing high-quality training data for machine learning and artificial intelligence applications. Founded in 1996 and based in Sydney, Australia, the company specializes in data collection and annotation services that enable organizations to develop, enhance and deploy AI-driven systems. Appen’s solutions support a wide range of use cases, including natural language processing, speech recognition, computer vision and search relevance optimization.
Appen’s core offerings encompass the creation and management of custom datasets across text, audio, image and video modalities.
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