Iveda Solutions, Inc. (NASDAQ:IVDAW) Sees Significant Growth in Short Interest

Iveda Solutions, Inc. (NASDAQ:IVDAW) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 12,810 shares, an increase of 90.7% from the April 30th total of 6,719 shares. Based on an average daily trading volume, of 6,602 shares, the short-interest ratio is presently 1.9 days.

Iveda Solutions Price Performance

NASDAQ IVDAW opened at $0.03 on Thursday. The stock has a 50-day simple moving average of $0.05 and a 200 day simple moving average of $0.10. Iveda Solutions has a twelve month low of $0.03 and a twelve month high of $0.38.

Iveda Solutions Company Profile

Iveda Solutions (NASDAQ: IVDAW) is a technology company specializing in video surveillance and analytics solutions for small to medium-sized businesses, enterprises and government agencies. Its platform combines Internet of Things (IoT) connectivity, edge computing and cloud-based services to deliver real-time monitoring, event detection and advanced analytics. The company’s offerings are designed to improve security, operational efficiency and situational awareness across a variety of settings, including commercial properties, critical infrastructure and public-sector environments.

The company’s core product suite includes its proprietary video management system (IVMS), Iveda Cloud, and a range of hardware devices such as network cameras, sensors and IoT gateways.