AiRWA Inc. (NASDAQ:YYAI) Short Interest Update

AiRWA Inc. (NASDAQ:YYAI) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 311,711 shares, a decline of 77.0% from the August 15th total of 1,355,544 shares. Based on an average trading volume of 2,749,842 shares, the short-interest ratio is currently 0.1 days. Currently, 677.6% of the shares of the stock are sold short.

AiRWA Trading Up 1.4%

Shares of NASDAQ:YYAI opened at $0.73 on Friday. The stock has a market capitalization of $36,745.00, a P/E ratio of 0.00 and a beta of -1.68. AiRWA has a 1-year low of $0.71 and a 1-year high of $118,000.00. The business has a 50-day moving average price of $53.65 and a two-hundred day moving average price of $345.43.

Insider Buying and Selling at AiRWA

In other news, major shareholder Financial Lp Hrt sold 44,298 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $1.60, for a total transaction of $70,876.80. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 86,117 shares of company stock valued at $112,916 over the last ninety days. Insiders own 13.80% of the company’s stock.

Institutional Investors Weigh In On AiRWA

A number of institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC lifted its holdings in AiRWA by 47.7% in the fourth quarter. Jane Street Group LLC now owns 71,054 shares of the company’s stock valued at $55,000 after buying an additional 22,951 shares during the period. Geode Capital Management LLC raised its position in shares of AiRWA by 136.7% during the 4th quarter. Geode Capital Management LLC now owns 176,626 shares of the company’s stock valued at $138,000 after acquiring an additional 101,999 shares during the last quarter. Finally, XTX Topco Ltd raised its position in shares of AiRWA by 12.5% during the 2nd quarter. XTX Topco Ltd now owns 50,761 shares of the company’s stock valued at $45,000 after acquiring an additional 5,630 shares during the last quarter. 4.03% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Weiss Ratings restated a “sell (d)” rating on shares of AiRWA in a research report on Thursday, June 18th. Wall Street Zen upgraded AiRWA to a “sell” rating in a research report on Saturday, August 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

AiRWA Company Profile

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports. Connexa Sports Technologies Inc is based in Windsor Mill, Maryland.