Spectra7 Microsystems Inc. (OTCMKTS:SPVNF) Sees Significant Decline in Short Interest

Spectra7 Microsystems Inc. (OTCMKTS:SPVNF) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 20,300 shares, a drop of 69.4% from the February 13th total of 66,300 shares. Based on an average daily volume of 65,300 shares, the days-to-cover ratio is currently 0.3 days.

Spectra7 Microsystems Stock Down 11.6 %

Shares of OTCMKTS SPVNF opened at $0.02 on Friday. The stock has a fifty day moving average price of $0.06 and a 200 day moving average price of $0.08. Spectra7 Microsystems has a 1-year low of $0.02 and a 1-year high of $0.50.

About Spectra7 Microsystems

Spectra7 Microsystems Inc operates as an analog semiconductor company in Canada and China. The company offers virtual reality (VR) products, including VR7050 to enable lightweight and ultra-thin active interconnects for gesture recognition and motion control backhaul; augmented reality (AR) -Connect, an integrated cable, connector, and embedded chipset product line for AR vision systems and wearable computing devices; and DreamWeVR, includes VR8181, VR8050, VR8200 and VR8300 chips to support high-bandwidth, near-zero latency VR head-mounted displays, and AR glasses.