Short Interest in Iveda Solutions, Inc. (NASDAQ:IVDAW) Drops By 72.0%

Iveda Solutions, Inc. (NASDAQ:IVDAW) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 3,485 shares, a drop of 72.0% from the May 31st total of 12,460 shares. Based on an average trading volume of 35,327 shares, the short-interest ratio is currently 0.1 days.

Iveda Solutions Stock Performance

IVDAW stock traded down $0.00 on Monday, hitting $0.03. 18,131 shares of the company were exchanged, compared to its average volume of 11,033. Iveda Solutions has a twelve month low of $0.03 and a twelve month high of $0.38. The business’s fifty day moving average is $0.05 and its two-hundred day moving average is $0.08.

About Iveda Solutions

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.