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

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed 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, the stock has a consensus rating of “Sell”.

XIAO-I Stock Down 11.2%

XIAO-I stock opened at $2.39 on Tuesday. XIAO-I has a 12-month low of $2.30 and a 12-month high of $379.40. The firm’s 50-day moving average is $6.95 and its two-hundred day moving average is $45.56.

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.