iOThree Limited (NASDAQ:IOTR) Short Interest Update

iOThree Limited (NASDAQ:IOTR) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 20,177 shares, a decrease of 66.7% from the January 29th total of 60,632 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 103,932 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 103,932 shares, the short-interest ratio is currently 0.2 days. Approximately 0.8% of the company’s shares are short sold.

iOThree Stock Performance

Shares of NASDAQ:IOTR traded up $0.07 during trading on Friday, reaching $2.19. The stock had a trading volume of 25,546 shares, compared to its average volume of 84,993. The business has a fifty day moving average price of $2.94 and a 200-day moving average price of $3.30. iOThree has a fifty-two week low of $2.09 and a fifty-two week high of $59.80.

iOThree Company Profile

We are a leading provider of maritime digital technologies including satellite connectivity and digitalization solutions in Singapore focused on facilitating the maritime industry towards digital transformation. Based on the Frost & Sullivan Report, as of March 31, 2024, we ranked fifth in the Singaporean market based on revenue from the provision of maritime connectivity and digital solutions with a market share of approximately 6.2%. Our company was established to adopt an innovative approach towards the management of solutions accustomed to contemporary needs and drive the digital evolution in the maritime industry.