Spectra7 Microsystems Inc. (OTCMKTS:SPVNF) Sees Significant Drop in Short Interest

Spectra7 Microsystems Inc. (OTCMKTS:SPVNF) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totalling 13,800 shares, a decline of 40.3% from the June 30th total of 23,100 shares. Based on an average daily volume of 106,300 shares, the days-to-cover ratio is currently 0.1 days.

Spectra7 Microsystems Stock Performance

Shares of SPVNF stock traded up $0.01 during mid-day trading on Friday, hitting $0.10. 2,500 shares of the stock traded hands, compared to its average volume of 56,149. The stock’s fifty day moving average is $0.10 and its two-hundred day moving average is $0.25. Spectra7 Microsystems has a 52-week low of $0.06 and a 52-week high of $0.71.

About Spectra7 Microsystems

Spectra7 Microsystems Inc operates as an analog semiconductor company in Canada and China. The company offers virtual reality (VR) products, including VR7050 to enable lightweight and ultra-thin active interconnects for gesture recognition and motion control backhaul; augmented reality (AR) -Connect, an integrated cable, connector, and embedded chipset product line for AR vision systems and wearable computing devices; and DreamWeVR, includes VR8181, VR8050, VR8200 and VR8300 chips to support high-bandwidth, near-zero latency VR head-mounted displays, and AR glasses.