INEO Tech Corp. (OTCMKTS:INEOF) Short Interest Up 97.5% in July

INEO Tech Corp. (OTCMKTS:INEOF) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 21,292 shares, a growth of 97.5% from the June 30th total of 10,779 shares. Based on an average trading volume of 14,300 shares, the short-interest ratio is presently 1.5 days.

INEO Tech Trading Down 12.1%

INEOF traded down $0.01 during midday trading on Wednesday, hitting $0.07. The company had a trading volume of 20,000 shares, compared to its average volume of 58,303. The stock’s 50 day moving average price is $0.03 and its 200 day moving average price is $0.02. INEO Tech has a 52 week low of $0.06 and a 52 week high of $0.41.

INEO Tech Company Profile

INEO Tech Corp., through its subsidiary, INEO Solutions Inc, provides analytics and advertising services through cloud-based internet of things in Canada. Its technology combines security tag readers for digital advertising at the entrance and exit of retail stores. The company’s cloud-based platform uses Internet of Things and artificial intelligence technology to deliver digital advertising to each retail location based on the demographic mix, such as age and gender, of customer traffic at each location.