INEO Tech Corp. (OTCMKTS:INEOF) Short Interest Up 216.7% in August

INEO Tech Corp. (OTCMKTS:INEOF) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 64,783 shares, a growth of 216.7% from the August 15th total of 20,456 shares. Based on an average trading volume of 215,864 shares, the short-interest ratio is presently 0.3 days.

INEO Tech Price Performance

OTCMKTS:INEOF remained flat at $0.08 during mid-day trading on Friday. INEO Tech has a 1 year low of $0.04 and a 1 year high of $0.37. The business has a fifty day moving average price of $0.08 and a 200 day moving average price of $0.03.

About INEO Tech

INEO Tech Corp., through its subsidiary, INEO Solutions Inc, provides analytics and advertising services through cloud-based internet of things in Canada. Its technology combines security tag readers for digital advertising at the entrance and exit of retail stores. The company’s cloud-based platform uses Internet of Things and artificial intelligence technology to deliver digital advertising to each retail location based on the demographic mix, such as age and gender, of customer traffic at each location.