Iveda Solutions, Inc. (NASDAQ:IVDA) Short Interest Down 60.4% in November

Iveda Solutions, Inc. (NASDAQ:IVDA) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 72,100 shares, a decline of 60.4% from the October 31st total of 182,000 shares. Approximately 2.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 220,100 shares, the short-interest ratio is presently 0.3 days.

Iveda Solutions Price Performance

IVDA stock traded down $0.08 during trading on Friday, hitting $1.82. The stock had a trading volume of 204,269 shares, compared to its average volume of 74,043. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.45 and a quick ratio of 2.04. Iveda Solutions has a twelve month low of $1.27 and a twelve month high of $10.16. The stock has a market cap of $4.84 million, a PE ratio of -1.12 and a beta of 1.11. The business’s 50-day moving average price is $1.66.

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.