Iveda Solutions, Inc. (NASDAQ:IVDA) Short Interest Update

Iveda Solutions, Inc. (NASDAQ:IVDA) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 7,000 shares, a decrease of 35.2% from the May 15th total of 10,800 shares. Based on an average daily trading volume, of 80,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Iveda Solutions Stock Up 7.3 %

IVDA stock traded up $0.04 during trading on Friday, hitting $0.60. 10,653 shares of the company’s stock were exchanged, compared to its average volume of 75,466. The stock has a market capitalization of $9.79 million, a price-to-earnings ratio of -2.51 and a beta of 1.19. Iveda Solutions has a 52-week low of $0.55 and a 52-week high of $1.27. The company has a current ratio of 3.57, a quick ratio of 3.24 and a debt-to-equity ratio of 0.10. The business has a 50-day moving average price of $0.77 and a two-hundred day moving average price of $0.75.

Iveda Solutions (NASDAQ:IVDA) last announced its earnings results on Monday, May 20th. The company reported ($0.07) EPS for the quarter. The business had revenue of $0.35 million during the quarter. Iveda Solutions had a negative net margin of 81.78% and a negative return on equity of 61.50%.

About Iveda Solutions

Iveda Solutions, Inc provides artificial intelligence (AI) and digital transformation technologies in the United States, Egypt, and Taiwan. The company offers IvedaAI, a deep-learning video analytics software; IvedaPinpoint, a solution that manages Bluetooth trackers and sensors, and displays them on a map for exact location; and Sentir Video, a video surveillance solution for various kinds of applications.