Short Interest in Iveda Solutions, Inc. (NASDAQ:IVDA) Expands By 535.8%

Iveda Solutions, Inc. (NASDAQ:IVDA) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 594,163 shares, an increase of 535.8% from the January 29th total of 93,452 shares. Currently, 10.6% of the company’s shares are short sold. Based on an average daily trading volume, of 22,578,994 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 22,578,994 shares, the days-to-cover ratio is currently 0.0 days. Currently, 10.6% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Iveda Solutions in a research note on Wednesday, January 28th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Iveda Solutions

An institutional investor recently bought a new position in Iveda Solutions stock. Lee Financial Co acquired a new stake in Iveda Solutions, Inc. (NASDAQ:IVDA) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 30,000 shares of the company’s stock, valued at approximately $40,000. Lee Financial Co owned about 0.42% of Iveda Solutions at the end of the most recent quarter. Institutional investors own 4.30% of the company’s stock.

Iveda Solutions Stock Performance

IVDA stock traded down $0.00 during midday trading on Friday, hitting $0.30. The company’s stock had a trading volume of 905,498 shares, compared to its average volume of 6,488,964. The stock’s 50-day moving average price is $0.72 and its 200 day moving average price is $1.10. The company has a quick ratio of 3.32, a current ratio of 3.48 and a debt-to-equity ratio of 0.08. The stock has a market cap of $1.74 million, a price-to-earnings ratio of -0.23 and a beta of 0.82. Iveda Solutions has a 1 year low of $0.22 and a 1 year high of $3.55.

Iveda Solutions Company Profile

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.