Seeing Machines Limited (OTCMKTS:SEEMF) Sees Significant Drop in Short Interest

Seeing Machines Limited (OTCMKTS:SEEMF – Get Free Report) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 12,492 shares, a drop of 48.7% from the September 30th total of 24,345 shares. Based on an average trading volume of 81,285 shares, the short-interest ratio is presently 0.2 days.

Seeing Machines Stock Performance

Shares of SEEMF stock remained flat at $0.04 during trading hours on Monday. 75,000 shares of the stock traded hands, compared to its average volume of 94,696. Seeing Machines has a twelve month low of $0.04 and a twelve month high of $0.11. The firm has a 50 day moving average price of $0.05 and a 200-day moving average price of $0.06.

About Seeing Machines

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Seeing Machines Limited is an Australia-based technology company that develops artificial-intelligence-powered computer-vision systems for monitoring driver and operator attention. Its software uses cameras and machine learning to detect signs of fatigue, distraction and other forms of impairment, with the goal of improving safety across transportation and industrial applications.

The company’s products include Guardian, a driver-monitoring solution for commercial and passenger fleets, and technology platforms supplied to vehicle manufacturers and automotive technology providers.

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