Appen Limited (OTCMKTS:APPEF) Stock Short Interest Declines 37.8%

Appen Limited (OTCMKTS:APPEF – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 22,665 shares, a decline of 37.8% from the September 30th total of 36,450 shares. Based on an average daily trading volume, of 245 shares, the days-to-cover ratio is currently 92.5 days.

Appen Price Performance

Shares of OTCMKTS APPEF opened at $0.70 on Tuesday. The business has a 50 day simple moving average of $0.83 and a 200 day simple moving average of $0.86. Appen has a 52 week low of $0.47 and a 52 week high of $1.32.

About Appen

(Get Free Report)

Appen Limited is an Australian technology company that provides data and artificial intelligence services to support the development, training and evaluation of machine-learning systems. Its work helps organizations improve applications involving search, speech recognition, natural-language processing, computer vision and generative artificial intelligence.

The company offers data collection, annotation and labeling services, including the preparation of text, audio, image and video datasets.

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