Core AI Holdings (NASDAQ:CHAI – Get Free Report) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 83,023 shares, a decline of 52.4% from the April 15th total of 174,389 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 41,772 shares, the short-interest ratio is presently 2.0 days.
Core AI Stock Performance
Shares of CHAI stock traded down $0.12 during midday trading on Friday, hitting $1.07. 60,915 shares of the company were exchanged, compared to its average volume of 96,187. Core AI has a 52 week low of $0.95 and a 52 week high of $35.47. The company has a quick ratio of 1.48, a current ratio of 2.02 and a debt-to-equity ratio of 0.01. The firm has a 50 day moving average price of $1.23. The stock has a market cap of $21.31 million, a price-to-earnings ratio of -0.01 and a beta of 1.95.
Institutional Trading of Core AI
A hedge fund recently bought a new stake in Core AI stock. Geode Capital Management LLC acquired a new position in Core AI Holdings (NASDAQ:CHAI – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 15,069 shares of the company’s stock, valued at approximately $25,000. Geode Capital Management LLC owned approximately 0.08% of Core AI as of its most recent SEC filing. Institutional investors own 9.87% of the company’s stock.
About Core AI
Siyata Mobile Inc develops and provides cellular communications solutions for enterprise customers. It provides connected-vehicle devices and various accessories that are designed for professional fleets, such as trucks, vans, buses, ambulances, government cars, and others. The company also develops, markets, and sells rugged Push-To-Talk (PTT), mobile devices, cellular amplifiers, and various accessories. In addition, it offers 4G LTE devices, such as Uniden UV350 and Uniden CP250, in-vehicle communication devices that incorporate voice, push-to-talk over cellular, navigation, and data fleet management solutions.
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