Iveda Solutions, Inc. (NASDAQ:IVDA) Short Interest Update

Iveda Solutions, Inc. (NASDAQ:IVDAGet Free Report) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 3,008,768 shares, a growth of 1,398.7% from the July 30th total of 200,764 shares. Based on an average daily trading volume, of 28,366,878 shares, the short-interest ratio is presently 0.1 days. Approximately 25.3% of the company’s stock are sold short.

Iveda Solutions Stock Performance

Iveda Solutions stock traded down $0.00 during midday trading on Wednesday, hitting $0.30. The stock had a trading volume of 68,144 shares, compared to its average volume of 6,155,406. The company has a market capitalization of $3.78 million, a PE ratio of -0.56 and a beta of 0.98. The firm’s fifty day moving average is $0.32 and its two-hundred day moving average is $0.31. The company has a current ratio of 5.19, a quick ratio of 5.00 and a debt-to-equity ratio of 0.04. Iveda Solutions has a 52-week low of $0.21 and a 52-week high of $2.24.

Iveda Solutions (NASDAQ:IVDAGet Free Report) last announced its earnings results on Friday, August 14th. The company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $0.80 million for the quarter. Iveda Solutions had a negative net margin of 69.24% and a negative return on equity of 63.92%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Iveda Solutions in a report on Friday, July 24th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Iveda Solutions has an average rating of “Sell”.

View Our Latest Research Report on Iveda Solutions

Institutional Investors Weigh In On Iveda Solutions

An institutional investor recently bought a new position in Iveda Solutions stock. Renaissance Technologies LLC bought a new stake in shares of Iveda Solutions, Inc. (NASDAQ:IVDAFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 49,800 shares of the company’s stock, valued at approximately $42,000. Renaissance Technologies LLC owned approximately 0.85% of Iveda Solutions at the end of the most recent reporting period. Institutional investors own 4.30% of the company’s stock.

About Iveda Solutions

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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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