Short Interest in Appen Limited (OTCMKTS:APPEF) Rises By 46,133.3%

Appen Limited (OTCMKTS:APPEF) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 138,700 shares, an increase of 46,133.3% from the February 28th total of 300 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 693.5 days.

Appen Price Performance

OTCMKTS:APPEF remained flat at $0.92 on Wednesday. The firm’s fifty day moving average is $1.46 and its 200-day moving average is $1.35. Appen has a 1 year low of $0.21 and a 1 year 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.