Xiaomi Co. (OTCMKTS:XIACF) Sees Significant Growth in Short Interest

Xiaomi Co. (OTCMKTS:XIACF) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 37,532,800 shares, a growth of 46.5% from the September 30th total of 25,624,700 shares. Based on an average daily trading volume, of 106,800 shares, the short-interest ratio is currently 351.4 days. Based on an average daily trading volume, of 106,800 shares, the short-interest ratio is currently 351.4 days.

Xiaomi Price Performance

Shares of OTCMKTS:XIACF opened at $5.50 on Wednesday. The firm has a fifty day moving average of $6.68 and a two-hundred day moving average of $6.81. Xiaomi has a 12-month low of $3.23 and a 12-month high of $9.00.

About Xiaomi

Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products.