Short Interest in Coveo Solutions Inc. (OTCMKTS:CVOSF) Grows By 21.7%

Coveo Solutions Inc. (OTCMKTS:CVOSFGet Free Report) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 341,900 shares, an increase of 21.7% from the July 31st total of 280,900 shares. Based on an average daily trading volume, of 9,300 shares, the days-to-cover ratio is currently 36.8 days.

Coveo Solutions Stock Down 17.8 %

OTCMKTS:CVOSF traded down $1.01 during mid-day trading on Friday, hitting $4.67. 11,288 shares of the company’s stock were exchanged, compared to its average volume of 6,867. Coveo Solutions has a fifty-two week low of $4.36 and a fifty-two week high of $12.00. The company has a 50 day simple moving average of $5.02 and a 200-day simple moving average of $6.89.

About Coveo Solutions

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Coveo Solutions Inc provides AI platforms that enable individualized, connected, and trusted digital experiences. The Relevance Cloud platform, an AI solution that integrates AI search, recommendations, GenAI answering, AI models, and analytics across various digital domains; and is designed for scale, security, and compliance and integrates into enterprise ecosystems as a cloud-native SaaS, multi-tenant, API-first, and headless platform.

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