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

Seeing Machines Limited (OTCMKTS:SEEMF) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 17,900 shares, a decline of 81.5% from the November 30th total of 96,500 shares. Based on an average daily trading volume, of 119,800 shares, the days-to-cover ratio is presently 0.1 days.

Seeing Machines Stock Performance

Shares of OTCMKTS:SEEMF traded up $0.00 during mid-day trading on Friday, reaching $0.06. The stock had a trading volume of 164,489 shares, compared to its average volume of 111,687. The firm has a 50 day simple moving average of $0.05 and a two-hundred day simple moving average of $0.06. Seeing Machines has a twelve month low of $0.04 and a twelve month high of $0.11.

Seeing Machines Company Profile

Seeing Machines Limited, together with its subsidiaries, provides driver and occupant monitoring system technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It operates through two segments: Original Equipment Manufacturer (OEM) and Aftermarket. The company offers operator monitoring and intervention sensing technologies and services for the automotive, mining, transport, and aviation industries.