Braiin Ltd (NASDAQ:BRAI) Short Interest Up 202.0% in April

Braiin Ltd (NASDAQ:BRAI) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 42,689 shares, a growth of 202.0% from the April 15th total of 14,136 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 40,601 shares, the short-interest ratio is currently 1.1 days.

Analysts Set New Price Targets

BRAI has been the subject of a number of research analyst reports. Weiss Ratings initiated coverage on shares of Braiin in a report on Wednesday, May 6th. They issued a “sell (e+)” rating for the company. Wall Street Zen raised shares of Braiin from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Braiin presently has a consensus rating of “Sell”.

Braiin Trading Down 1.2%

BRAI traded down $0.09 during midday trading on Thursday, reaching $7.02. 5,695 shares of the company’s stock were exchanged, compared to its average volume of 133,387. Braiin has a 1-year low of $4.19 and a 1-year high of $33.00. The company’s 50-day moving average price is $7.51.

Braiin Company Profile

Braiin Limited is an Australian technology company leveraging proprietary intellectual property and patented artificial intelligence/machine learning (“AI/ML”) technologies to deliver actionable insights across high-growth verticals: Agriculture, Property Technology, and Customer Experience as a Service (“CXaaS”). Our platforms are designed to address inefficiencies and drive data-backed decision-making across traditionally analog sectors. Our first commercial focus is on the agriculture technology sector, where we have successfully deployed our AI-powered solutions across multiple implementations.