Veea Inc. (NASDAQ:VEEAW – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 22,000 shares, a drop of 35.3% from the August 31st total of 34,000 shares. Based on an average daily volume of 8,800 shares, the days-to-cover ratio is presently 2.5 days. Based on an average daily volume of 8,800 shares, the days-to-cover ratio is presently 2.5 days.
Veea Trading Up 4.0%
VEEAW stock opened at $0.06 on Tuesday. The company has a fifty day simple moving average of $0.11 and a two-hundred day simple moving average of $0.12. Veea has a 52 week low of $0.04 and a 52 week high of $0.26.
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