XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) Shares Shorted: Short Interest Down 89.6% in September

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 30,700 shares, a decrease of 89.6% from the August 31st total of 296,222 shares. Currently, 23.6% of the shares of the stock are sold short. Based on an average trading volume of 436,314 shares, the short-interest ratio is currently 0.1 days.

XIAO-I Trading Down 1.1%

XIAO-I stock opened at $1.88 on Friday. The stock has a 50-day moving average price of $5.25 and a 200 day moving average price of $43.87. XIAO-I has a 52 week low of $1.64 and a 52 week high of $379.40.

Wall Street Analyst Weigh In

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

XIAO-I Company Profile

XIAO-I Holdings Limited, also known as Xiao-I, is an artificial intelligence company that develops enterprise software and cognitive-intelligence solutions. The company’s technologies include natural-language processing, machine learning, speech recognition, computer vision and intelligent automation.

Xiao-I’s product offerings include the Xiao-I Robot platform and other AI tools designed to support conversational customer service, knowledge management, business-process automation and enterprise decision-making.