XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) Short Interest Update

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 283,389 shares, a growth of 76.2% from the July 15th total of 160,813 shares. Currently, 30.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,215,813 shares, the short-interest ratio is presently 0.2 days.

XIAO-I Stock Up 7.9%

Shares of AIXI opened at $0.89 on Tuesday. The firm’s 50 day moving average is $2.59 and its 200-day moving average is $7.09. XIAO-I has a 12-month low of $0.71 and a 12-month high of $54.20.

Wall Street Analyst Weigh In

AIXI has been the subject of several recent analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of XIAO-I in a report on Wednesday, July 8th. Wall Street Zen downgraded XIAO-I from a “sell” rating to a “strong sell” rating in a research note on Saturday, April 25th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

XIAO-I Company Profile

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.