iOThree Limited (NASDAQ:IOTR) Short Interest Down 23.3% in January

iOThree Limited (NASDAQ:IOTR) was the recipient of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 60,632 shares, a decrease of 23.3% from the January 15th total of 79,085 shares. Based on an average trading volume of 5,546,275 shares, the short-interest ratio is currently 0.0 days. Approximately 2.4% of the company’s stock are short sold. Approximately 2.4% of the company’s stock are short sold. Based on an average trading volume of 5,546,275 shares, the short-interest ratio is currently 0.0 days.

iOThree Stock Up 4.8%

iOThree stock traded up $0.13 during midday trading on Friday, hitting $2.85. The stock had a trading volume of 245,197 shares, compared to its average volume of 2,995,216. The business has a fifty day moving average price of $3.01 and a 200 day moving average price of $3.43. iOThree has a 12 month low of $2.24 and a 12 month high of $59.80.

About iOThree

We are a leading provider of maritime digital technologies including satellite connectivity and digitalization solutions in Singapore focused on facilitating the maritime industry towards digital transformation. Based on the Frost & Sullivan Report, as of March 31, 2024, we ranked fifth in the Singaporean market based on revenue from the provision of maritime connectivity and digital solutions with a market share of approximately 6.2%. Our company was established to adopt an innovative approach towards the management of solutions accustomed to contemporary needs and drive the digital evolution in the maritime industry.