Iveda Solutions, Inc. (NASDAQ:IVDA) Short Interest Up 141.5% in November

Iveda Solutions, Inc. (NASDAQ:IVDA) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 174,100 shares, a growth of 141.5% from the November 15th total of 72,100 shares. Based on an average trading volume of 254,700 shares, the days-to-cover ratio is currently 0.7 days. Currently, 7.0% of the company’s shares are sold short.

Iveda Solutions Stock Up 4.2 %

Shares of NASDAQ:IVDA traded up $0.08 on Friday, hitting $2.06. The company had a trading volume of 119,069 shares, compared to its average volume of 80,650. The stock’s 50-day moving average is $1.69. The company has a market cap of $5.48 million, a price-to-earnings ratio of -1.27 and a beta of 1.11. The company has a quick ratio of 2.04, a current ratio of 2.45 and a debt-to-equity ratio of 0.08. Iveda Solutions has a 1 year low of $1.27 and a 1 year high of $10.16.

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.