Coveo Solutions Inc. (OTCMKTS:CVOSF) Sees Significant Increase in Short Interest

Coveo Solutions Inc. (OTCMKTS:CVOSF) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 396,300 shares, a growth of 9.0% from the November 30th total of 363,700 shares. Based on an average daily trading volume, of 7,800 shares, the days-to-cover ratio is presently 50.8 days.

Coveo Solutions Stock Performance

Shares of CVOSF remained flat at $4.70 during midday trading on Tuesday. 3,604 shares of the stock traded hands, compared to its average volume of 10,587. Coveo Solutions has a 52 week low of $3.63 and a 52 week high of $12.00. The company’s fifty day simple moving average is $4.68 and its 200 day simple moving average is $4.72.

Coveo Solutions Company Profile

Coveo Solutions Inc provides AI platforms that enable individualized, connected, and trusted digital experiences. The Relevance Cloud platform, an AI solution that integrates AI search, recommendations, GenAI answering, AI models, and analytics across various digital domains; and is designed for scale, security, and compliance and integrates into enterprise ecosystems as a cloud-native SaaS, multi-tenant, API-first, and headless platform.