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

Iveda Solutions, Inc. (NASDAQ:IVDA) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 31,800 shares, a decline of 71.4% from the August 15th total of 111,200 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 128,200 shares, the short-interest ratio is presently 0.2 days.

Iveda Solutions Trading Up 3.7 %

Shares of NASDAQ:IVDA traded up $0.01 during mid-day trading on Thursday, hitting $0.28. The stock had a trading volume of 230,780 shares, compared to its average volume of 118,869. The company’s 50 day moving average is $0.42 and its 200-day moving average is $0.64. Iveda Solutions has a 12-month low of $0.24 and a 12-month high of $1.27. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.19 and a current ratio of 2.57. The company has a market cap of $4.56 million, a PE ratio of -1.24 and a beta of 1.16.

Iveda Solutions (NASDAQ:IVDA) last released its earnings results on Wednesday, August 14th. The company reported ($0.03) earnings per share (EPS) for the quarter. Iveda Solutions had a negative net margin of 93.39% and a negative return on equity of 66.09%. The business had revenue of $1.53 million during the quarter.

Iveda Solutions Company Profile

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.