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

Iveda Solutions, Inc. (NASDAQ:IVDAW) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 3,485 shares, a drop of 72.0% from the May 31st total of 12,460 shares. Based on an average trading volume of 35,327 shares, the short-interest ratio is currently 0.1 days.

Iveda Solutions Price Performance

IVDAW traded down $0.01 during mid-day trading on Friday, reaching $0.03. 15,302 shares of the stock were exchanged, compared to its average volume of 10,949. Iveda Solutions has a 1 year low of $0.03 and a 1 year high of $0.38. The company has a 50 day moving average price of $0.05 and a two-hundred day moving average price of $0.09.

About Iveda Solutions

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.