Short Interest in Appen Limited (OTCMKTS:APPEF) Increases By 45.9%

Appen Limited (OTCMKTS:APPEF) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 205,169 shares, an increase of 45.9% from the March 15th total of 140,656 shares. Based on an average trading volume of 6,917 shares, the short-interest ratio is presently 29.7 days.

Appen Stock Performance

Appen stock opened at $1.00 on Tuesday. The business’s 50-day simple moving average is $1.08 and its 200 day simple moving average is $0.73. Appen has a 12-month low of $0.42 and a 12-month high of $1.33.

About Appen

Appen Ltd. is a global leader in providing high-quality training data for machine learning and artificial intelligence applications. Founded in 1996 and based in Sydney, Australia, the company specializes in data collection and annotation services that enable organizations to develop, enhance and deploy AI-driven systems. Appen’s solutions support a wide range of use cases, including natural language processing, speech recognition, computer vision and search relevance optimization.

Appen’s core offerings encompass the creation and management of custom datasets across text, audio, image and video modalities.