Veea Inc. (NASDAQ:VEEAW) Short Interest Update

Veea Inc. (NASDAQ:VEEAW) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 11,257 shares, an increase of 103.8% from the January 15th total of 5,523 shares. Based on an average daily volume of 5,998 shares, the short-interest ratio is presently 1.9 days. Based on an average daily volume of 5,998 shares, the short-interest ratio is presently 1.9 days.

Veea Stock Performance

Shares of NASDAQ VEEAW opened at $0.11 on Friday. The stock’s 50-day moving average is $0.08 and its two-hundred day moving average is $0.09. Veea has a 1-year low of $0.04 and a 1-year high of $0.26.

Veea, Inc develops and markets edge computing and networking solutions designed to bring data processing and connectivity capabilities closer to end users and devices. Its product suite integrates compute, storage and multi-mode wireless connectivity into compact hardware nodes, enabling real-time analytics and decentralized application hosting. The company’s edge platform addresses the growing need for low-latency processing in sectors such as smart buildings, industrial automation and retail.

Central to Veea’s offerings is its VeeaHub family of edge nodes, which combine Wi-Fi, cellular and Bluetooth radios with onboard processing and storage.