Short Interest in Appen Limited (OTCMKTS:APPEF) Declines By 35.9%

Appen Limited (OTCMKTS:APPEFGet Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 62,678 shares, a decrease of 35.9% from the August 15th total of 97,728 shares. Based on an average daily volume of 10,909 shares, the days-to-cover ratio is presently 5.7 days.

Appen Price Performance

OTCMKTS:APPEF opened at $0.71 on Friday. The business’s 50-day moving average price is $0.81 and its two-hundred day moving average price is $0.86. Appen has a twelve month low of $0.43 and a twelve month high of $1.32.

About Appen

(Get Free Report)

Appen Ltd. is a global leader in providing high-quality training data for machine learning and artificial intelligence applications. Founded in 1996 and based in Sydney, Australia, the company specializes in data collection and annotation services that enable organizations to develop, enhance and deploy AI-driven systems. Appen’s solutions support a wide range of use cases, including natural language processing, speech recognition, computer vision and search relevance optimization.

Appen’s core offerings encompass the creation and management of custom datasets across text, audio, image and video modalities.

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