AiRWA Inc. (NASDAQ:YYAI) Short Interest Up 68.7% in July

AiRWA Inc. (NASDAQ:YYAI) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 64,737 shares, an increase of 68.7% from the July 15th total of 38,385 shares. Based on an average trading volume of 10,352,877 shares, the days-to-cover ratio is currently 0.0 days. Approximately 7.1% of the company’s shares are short sold.

AiRWA Trading Up 8.0%

AiRWA stock opened at $1.22 on Tuesday. The firm has a market capitalization of $1.28 million, a P/E ratio of 0.01 and a beta of -1.60. AiRWA has a 1 year low of $0.99 and a 1 year high of $211,536.00. The business has a 50-day moving average of $111.73 and a 200-day moving average of $460.95.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of AiRWA in a research note on Thursday, June 18th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, AiRWA presently has a consensus rating of “Sell”.

Insider Transactions at AiRWA

In other AiRWA news, major shareholder Financial Lp Hrt sold 44,298 shares of AiRWA stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $1.60, for a total transaction of $70,876.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 86,117 shares of company stock valued at $112,916 over the last quarter. 13.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC raised its holdings in AiRWA by 136.7% in the fourth quarter. Geode Capital Management LLC now owns 176,626 shares of the company’s stock worth $138,000 after purchasing an additional 101,999 shares during the period. Jane Street Group LLC grew its holdings in shares of AiRWA by 47.7% in the 4th quarter. Jane Street Group LLC now owns 71,054 shares of the company’s stock valued at $55,000 after buying an additional 22,951 shares during the period. Finally, XTX Topco Ltd grew its holdings in shares of AiRWA by 12.5% in the 2nd quarter. XTX Topco Ltd now owns 50,761 shares of the company’s stock valued at $45,000 after buying an additional 5,630 shares during the period. Institutional investors and hedge funds own 4.03% of the company’s stock.

About AiRWA

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports. Connexa Sports Technologies Inc is based in Windsor Mill, Maryland.