Short Interest in Appen Limited (OTCMKTS:APPEF) Drops By 83.6%

Appen Limited (OTCMKTS:APPEF) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 1,000 shares, a decrease of 83.6% from the November 30th total of 6,100 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 3.3 days.

Appen Price Performance

Appen stock remained flat at $1.44 during trading hours on Thursday. The stock has a fifty day moving average of $1.41 and a 200 day moving average of $0.84. Appen has a 12-month low of $0.19 and a 12-month high of $2.18.

About Appen

Appen Limited operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally. It operates through two segments, Global Services and New Markets. The company provides a platform for the AI data development process.