Iveda Solutions, Inc. (NASDAQ:IVDA) Short Interest Up 35.7% in January

Iveda Solutions, Inc. (NASDAQ:IVDA) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 189,200 shares, an increase of 35.7% from the December 31st total of 139,400 shares. Based on an average daily trading volume, of 425,400 shares, the days-to-cover ratio is currently 0.4 days. Currently, 7.5% of the shares of the stock are sold short.

Iveda Solutions Price Performance

NASDAQ:IVDA opened at $3.56 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.45 and a quick ratio of 2.04. The business has a 50-day simple moving average of $3.44. Iveda Solutions has a 12-month low of $1.27 and a 12-month high of $10.16.

About Iveda Solutions

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.