Short Interest in Iveda Solutions, Inc. (NASDAQ:IVDAW) Increases By 13.2%

Iveda Solutions, Inc. (NASDAQ:IVDAW) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 15,400 shares, an increase of 13.2% from the January 15th total of 13,600 shares. Based on an average daily volume of 26,300 shares, the days-to-cover ratio is presently 0.6 days.

Iveda Solutions Stock Performance

NASDAQ IVDAW traded down $0.02 during trading hours on Monday, reaching $0.19. 2,651 shares of the company were exchanged, compared to its average volume of 11,117. Iveda Solutions has a 1 year low of $0.01 and a 1 year high of $0.34. The business’s 50 day simple moving average is $0.18 and its 200-day simple moving average is $0.09.

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.