Spectra7 Microsystems Inc. (OTCMKTS:SPVNF) Short Interest Up 662.1% in February

Spectra7 Microsystems Inc. (OTCMKTS:SPVNF) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 66,300 shares, a growth of 662.1% from the January 31st total of 8,700 shares. Based on an average daily volume of 60,100 shares, the days-to-cover ratio is presently 1.1 days.

Spectra7 Microsystems Price Performance

OTCMKTS SPVNF remained flat at $0.05 during trading hours on Friday. 2,000 shares of the company traded hands, compared to its average volume of 32,547. Spectra7 Microsystems has a fifty-two week low of $0.04 and a fifty-two week high of $0.62. The stock has a fifty day moving average of $0.07 and a two-hundred day moving average of $0.09.

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.