XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) Sees Significant Growth in Short Interest

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 296,222 shares, a growth of 182.4% from the August 15th total of 104,884 shares. Approximately 227.9% of the shares of the stock are sold short. Based on an average trading volume of 27,578,104 shares, the days-to-cover ratio is currently 0.0 days.

XIAO-I Price Performance

NASDAQ AIXI opened at $2.69 on Friday. The stock’s fifty day moving average is $7.19 and its two-hundred day moving average is $45.67. XIAO-I has a fifty-two week low of $2.63 and a fifty-two week high of $379.40.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of XIAO-I in a research note on Wednesday, July 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, XIAO-I presently has an average rating of “Sell”.

About XIAO-I

XIAO-I (NASDAQ: AIXI) is a technology company specializing in artificial intelligence solutions driven by natural language processing and machine learning. The company offers a suite of AI-powered products designed to automate and enhance customer interactions, knowledge management and data analytics for enterprise clients. XIAO-I’s core offerings include conversational AI engines, intelligent customer service platforms, knowledge graph development and voice and image recognition modules.

The company delivers its solutions via both cloud-based and on-premise deployments, catering to sectors such as banking, insurance, telecommunications, government services and healthcare.