Appen Limited (OTCMKTS:APPEF) Sees Large Decrease in Short Interest

Appen Limited (OTCMKTS:APPEF) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totalling 1,000 shares, a drop of 83.6% from the November 30th total of 6,100 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 3.3 days.

Appen Price Performance

OTCMKTS:APPEF remained flat at $1.44 during trading hours on Friday. Appen has a one year low of $0.19 and a one year high of $2.18. The company’s fifty day moving average price is $1.42 and its 200-day moving average price is $0.85.

Appen Company Profile

Appen Limited operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally. It operates through two segments, Global Services and New Markets. The company provides a platform for the AI data development process.