Iveda Solutions, Inc. (NASDAQ:IVDA – Get Free Report) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 249,064 shares, a decrease of 33.7% from the June 30th total of 375,683 shares. Based on an average daily volume of 312,286 shares, the days-to-cover ratio is presently 0.8 days. Approximately 2.3% of the shares of the company are short sold.
Iveda Solutions Trading Down 2.3%
Shares of NASDAQ:IVDA opened at $0.25 on Friday. Iveda Solutions has a 52-week low of $0.21 and a 52-week high of $2.24. The stock has a market cap of $2.91 million, a price-to-earnings ratio of -0.38 and a beta of 0.96. The company has a quick ratio of 4.38, a current ratio of 4.53 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average price of $0.32 and a 200-day moving average price of $0.38.
Iveda Solutions (NASDAQ:IVDA – Get Free Report) last issued its earnings results on Friday, May 15th. The company reported ($0.06) EPS for the quarter. Iveda Solutions had a negative net margin of 55.42% and a negative return on equity of 73.92%. The firm had revenue of $1.49 million during the quarter.
Wall Street Analyst Weigh In
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Institutional Trading of Iveda Solutions
An institutional investor recently bought a new stake in Iveda Solutions stock. Renaissance Technologies LLC bought a new position in shares of Iveda Solutions, Inc. (NASDAQ:IVDA – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 49,800 shares of the company’s stock, valued at approximately $42,000. Renaissance Technologies LLC owned about 0.85% of Iveda Solutions at the end of the most recent reporting period. 4.30% of the stock is currently owned by institutional investors.
About Iveda Solutions
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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