Short Interest in Coveo Solutions Inc. (OTCMKTS:CVOSF) Drops By 37.6%

Coveo Solutions Inc. (OTCMKTS:CVOSFGet Free Report) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 822,913 shares, a decrease of 37.6% from the May 31st total of 1,318,001 shares. Based on an average trading volume of 32,449 shares, the days-to-cover ratio is presently 25.4 days.

Coveo Solutions Trading Up 9.1%

OTCMKTS:CVOSF traded up $0.26 during mid-day trading on Thursday, reaching $3.12. The stock had a trading volume of 5,600 shares, compared to its average volume of 18,284. Coveo Solutions has a fifty-two week low of $1.54 and a fifty-two week high of $6.79. The business’s 50 day moving average is $3.06 and its 200 day moving average is $3.80.

Coveo Solutions Company Profile

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Coveo Solutions Inc is a Canada-based technology company specializing in cloud-based AI-powered search and relevance solutions for enterprises. Founded in 2005 and headquartered in Quebec City, Coveo combines machine learning, natural language processing and advanced analytics to help organizations deliver personalized digital experiences. The company’s platform ingests and indexes content from disparate systems to provide real-time insights and predictive recommendations.

The Coveo Platform offers a suite of products designed to enhance e-commerce, customer service and knowledge management applications.

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