Appen Limited (OTCMKTS:APPEF) Short Interest Down 50.0% in March

Appen Limited (OTCMKTS:APPEF) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 200 shares, a decline of 50.0% from the March 15th total of 400 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 0.7 days.

Appen Price Performance

Shares of OTCMKTS:APPEF opened at $0.49 on Friday. Appen has a fifty-two week low of $0.19 and a fifty-two week high of $1.96. The business has a 50-day simple moving average of $0.35 and a two-hundred day simple moving average of $0.49.

Appen Company Profile

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.