Short Interest in Iveda Solutions, Inc. (NASDAQ:IVDA) Grows By 35.7%

Iveda Solutions, Inc. (NASDAQ:IVDA) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 189,200 shares, a growth of 35.7% from the December 15th total of 139,400 shares. Based on an average trading volume of 425,400 shares, the short-interest ratio is currently 0.4 days. Currently, 7.5% of the company’s shares are sold short.

Iveda Solutions Stock Down 2.5 %

Shares of NASDAQ:IVDA opened at $4.22 on Friday. The business has a 50 day moving average price of $2.98. The company has a market capitalization of $11.22 million, a PE ratio of -2.60 and a beta of 0.75. Iveda Solutions has a 52-week low of $1.27 and a 52-week high of $10.16. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.04 and a current ratio of 2.45.

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.