XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) Short Interest Up 182.4% in August

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 296,222 shares, an increase of 182.4% from the August 15th total of 104,884 shares. Based on an average daily volume of 27,578,104 shares, the days-to-cover ratio is presently 0.0 days. Approximately 227.9% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

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

XIAO-I Stock Performance

NASDAQ AIXI opened at $2.69 on Friday. The stock’s 50 day simple moving average is $7.19 and its 200-day simple moving average is $45.67. XIAO-I has a 1-year low of $2.63 and a 1-year high of $379.40.

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.