Iveda Solutions, Inc. (NASDAQ:IVDA) Short Interest Up 146.7% in April

Iveda Solutions, Inc. (NASDAQ:IVDAGet Free Report) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 206,969 shares, an increase of 146.7% from the April 15th total of 83,903 shares. Approximately 3.7% of the shares of the stock are sold short. Based on an average trading volume of 545,728 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Iveda Solutions

An institutional investor recently bought a new position in Iveda Solutions stock. Lee Financial Co bought a new position in Iveda Solutions, Inc. (NASDAQ:IVDAFree Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 30,000 shares of the company’s stock, valued at approximately $40,000. Lee Financial Co owned approximately 0.42% of Iveda Solutions at the end of the most recent reporting period. 4.30% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Iveda Solutions in a research report on Monday, April 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

View Our Latest Stock Report on IVDA

Iveda Solutions Trading Down 0.6%

Shares of NASDAQ:IVDA traded down $0.00 during trading on Friday, hitting $0.32. The company had a trading volume of 186,688 shares, compared to its average volume of 3,063,643. The stock has a market cap of $1.86 million, a price-to-earnings ratio of -0.36 and a beta of 0.87. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.86 and a quick ratio of 4.67. The company has a fifty day simple moving average of $0.29 and a two-hundred day simple moving average of $0.64. Iveda Solutions has a one year low of $0.22 and a one year high of $2.70.

Iveda Solutions (NASDAQ:IVDAGet Free Report) last released its quarterly earnings results on Tuesday, March 31st. The company reported ($0.34) EPS for the quarter. The firm had revenue of $0.63 million for the quarter. Iveda Solutions had a negative return on equity of 109.05% and a negative net margin of 60.56%.

About Iveda Solutions

(Get Free Report)

Iveda Solutions, Inc (NASDAQ: IVDA) is a technology company specializing in AI-driven security and smart city solutions. The company develops and delivers integrated hardware and software platforms designed to capture, process and analyze video data in real time, enabling organizations across government, enterprise and critical infrastructure sectors to enhance situational awareness, optimize resource deployment and streamline operational workflows.

The company’s product suite centers around the Iveda Cloud platform, offering cloud-based video storage, remote monitoring and cybersecurity features.

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