Appen Limited (OTCMKTS:APPEF – Get Free Report) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 22,665 shares, a decline of 37.8% from the September 30th total of 36,450 shares. Based on an average daily volume of 245 shares, the days-to-cover ratio is presently 92.5 days.
Appen Price Performance
Shares of APPEF stock opened at $0.70 on Wednesday. The stock’s 50-day simple moving average is $0.83 and its 200-day simple moving average is $0.87. Appen has a fifty-two week low of $0.47 and a fifty-two week high of $1.32.
About Appen
Appen Limited is an Australian technology company that provides data and artificial intelligence services to support the development, training and evaluation of machine-learning systems. Its work helps organizations improve applications involving search, speech recognition, natural-language processing, computer vision and generative artificial intelligence.
The company offers data collection, annotation and labeling services, including the preparation of text, audio, image and video datasets.
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