Iveda Solutions, Inc. (NASDAQ:IVDA) Short Interest Down 42.4% in January

Iveda Solutions, Inc. (NASDAQ:IVDA) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 37,429 shares, a drop of 42.4% from the December 31st total of 65,018 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 146,385 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 146,385 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.7% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

IVDA has been the subject of several recent research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Iveda Solutions in a research report on Wednesday. Wall Street Zen lowered shares of Iveda Solutions to a “strong sell” rating in a research report on Saturday, October 25th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Iveda Solutions Stock Down 3.3%

NASDAQ IVDA traded down $0.03 on Friday, hitting $0.88. The company had a trading volume of 97,103 shares, compared to its average volume of 173,581. Iveda Solutions has a 12-month low of $0.61 and a 12-month high of $3.95. The company’s fifty day moving average price is $0.98 and its 200-day moving average price is $1.32. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.48 and a quick ratio of 3.32.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Iveda Solutions stock. Lee Financial Co purchased a new position in shares of Iveda Solutions, Inc. (NASDAQ:IVDA) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 30,000 shares of the company’s stock, valued at approximately $40,000. Lee Financial Co owned 0.42% of Iveda Solutions as of its most recent SEC filing. 4.30% of the stock is owned by institutional investors and hedge funds.

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.