Iveda Solutions, Inc. (NASDAQ:IVDA) Short Interest Update

Iveda Solutions, Inc. (NASDAQ:IVDA) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 182,000 shares, an increase of 188.0% from the October 15th total of 63,200 shares. Approximately 8.5% of the company’s stock are sold short. Based on an average daily trading volume, of 100,000 shares, the short-interest ratio is presently 1.8 days.

Iveda Solutions Stock Up 5.1 %

Shares of NASDAQ:IVDA opened at $1.44 on Friday. The stock’s 50 day moving average price is $1.61. Iveda Solutions has a twelve month low of $1.27 and a twelve month high of $10.16. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.57 and a quick ratio of 2.19. The firm has a market capitalization of $3.25 million, a price-to-earnings ratio of -0.82 and a beta of 1.11.

Iveda Solutions (NASDAQ:IVDA) last posted its earnings results on Wednesday, August 14th. The company reported ($0.03) earnings per share for the quarter. Iveda Solutions had a negative return on equity of 66.09% and a negative net margin of 93.39%. The business had revenue of $1.53 million during the quarter.

Iveda Solutions Company Profile

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.