INEO Tech Corp. (OTCMKTS:INEOF) Short Interest Up 97.5% in July

INEO Tech Corp. (OTCMKTS:INEOF) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 21,292 shares, an increase of 97.5% from the June 30th total of 10,779 shares. Based on an average daily volume of 14,300 shares, the days-to-cover ratio is currently 1.5 days.

INEO Tech Trading Down 12.1%

Shares of INEOF traded down $0.01 during trading hours on Wednesday, hitting $0.07. 20,000 shares of the stock were exchanged, compared to its average volume of 58,303. INEO Tech has a fifty-two week low of $0.06 and a fifty-two week high of $0.41. The business has a 50-day moving average of $0.03 and a 200-day moving average of $0.02.

INEO Tech Company Profile

INEO Tech Corp., through its subsidiary, INEO Solutions Inc, provides analytics and advertising services through cloud-based internet of things in Canada. Its technology combines security tag readers for digital advertising at the entrance and exit of retail stores. The company’s cloud-based platform uses Internet of Things and artificial intelligence technology to deliver digital advertising to each retail location based on the demographic mix, such as age and gender, of customer traffic at each location.