InnerScope Hearing Technologies Inc. (OTCMKTS:INND) Stock Corrects After The Big Jump

InnerScope Hearing Technologies Inc. (OTCMKTS:INND) dropped 10%, but it is up 50% in a week. In addition, the company announced that its CEO and President Matthew More would make a live presentation at the VirualInvestorConfrences.com on November 4, 2021, at 4 PM EST. Investors can listen to the presentation online at https://bot.ly/3vbzc3X.

Trading Data

On Wednesday, INND stock slumped 12% at $0.0199 with more than 228.13 million shares, compared to its average volume of 59.92 million shares. The stock has moved within a range of $0.0182 – 0.0249 after opening the trade at $0.0233.

To Webcast Live at VirtualInvestorConferences.com November 4th

Recently the company appointed Adnan Shennib as its Chief technology officer. Shennib has more than 30 years of hearing innovations experience after holding executive roles in top hearing aid production companies that include ReSound.

Additionally, Shennib is the founder of InSound Medical, and he is credited with having invented the Lyric hearing device. Recently he established iHEAR Medical Inc., where he spearheaded the development of a proprietary direct-to-consumer online platform for hearing markets. This is the company that InnerScope acquired recently to enhance and solidify its position in the growing markets of over-the-counter and DTC hearing products. So Investors should watch INND in the coming weeks.

Traders Corner

INND stock is trading above the 20-Day and 50-Day Moving averages of $0.0131 and $0.0102 respectively. Moreover, the stock is trading above 200-Day moving average of $0.0187. The stock is down 131% in the past month.