Iveda Solutions, Inc. (NASDAQ:IVDA) Short Interest Down 29.1% in December

Iveda Solutions, Inc. (NASDAQ:IVDA) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 65,018 shares, a decrease of 29.1% from the December 15th total of 91,696 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average daily volume of 104,095 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 104,095 shares, the days-to-cover ratio is currently 0.6 days. Approximately 1.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Iveda Solutions stock. Lee Financial Co purchased a new stake in Iveda Solutions, Inc. (NASDAQ:IVDA) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 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 and hedge funds own 4.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on IVDA. Weiss Ratings reiterated a “sell (e+)” rating on shares of Iveda Solutions in a research report on Friday, October 31st. Wall Street Zen downgraded shares of Iveda Solutions to a “strong sell” rating in a research note on Saturday, October 25th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Iveda Solutions Trading Down 4.6%

Shares of IVDA traded down $0.05 during mid-day trading on Friday, reaching $1.03. The company’s stock had a trading volume of 267,088 shares, compared to its average volume of 117,607. The stock has a market cap of $6.05 million, a PE ratio of -0.79 and a beta of 0.82. The company has a current ratio of 3.48, a quick ratio of 3.32 and a debt-to-equity ratio of 0.08. Iveda Solutions has a 52 week low of $0.61 and a 52 week high of $5.50. The company’s fifty day moving average price is $0.96 and its two-hundred day moving average price is $1.41.

Iveda Solutions (NASDAQ:IVDA) last posted its earnings results on Friday, November 14th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.63). Iveda Solutions had a negative net margin of 53.18% and a negative return on equity of 143.92%. The business had revenue of $1.65 million for the quarter, compared to analysts’ expectations of $7.25 million.

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.