Iveda Solutions, Inc. (NASDAQ:IVDA) Short Interest Update

Iveda Solutions, Inc. (NASDAQ:IVDA) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 249,064 shares, a drop of 33.7% from the June 30th total of 375,683 shares. Based on an average daily volume of 312,286 shares, the short-interest ratio is currently 0.8 days. Approximately 2.3% of the company’s stock are sold short.

Institutional Trading of Iveda Solutions

An institutional investor recently bought a new stake in Iveda Solutions stock. Renaissance Technologies LLC purchased a new stake in shares of Iveda Solutions, Inc. (NASDAQ:IVDA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 49,800 shares of the company’s stock, valued at approximately $42,000. Renaissance Technologies LLC owned 0.85% of Iveda Solutions as of its most recent SEC filing. 4.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Iveda Solutions in a research note on Friday, July 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Iveda Solutions Trading Up 8.2%

Shares of IVDA stock opened at $0.26 on Friday. Iveda Solutions has a 12-month low of $0.21 and a 12-month high of $2.24. The company has a current ratio of 4.53, a quick ratio of 4.38 and a debt-to-equity ratio of 0.04. The firm’s 50 day moving average is $0.32 and its 200 day moving average is $0.38. The stock has a market capitalization of $2.99 million, a P/E ratio of -0.38 and a beta of 0.96.

Iveda Solutions (NASDAQ:IVDA) last posted its earnings results on Friday, May 15th. The company reported ($0.06) EPS for the quarter. The company had revenue of $1.49 million during the quarter. Iveda Solutions had a negative return on equity of 73.92% and a negative net margin of 55.42%.

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.