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

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 30,700 shares, a decline of 89.6% from the August 31st total of 296,222 shares. Based on an average daily volume of 436,314 shares, the days-to-cover ratio is currently 0.1 days. Approximately 23.6% of the shares of the company are sold short.

XIAO-I Stock Performance

Shares of NASDAQ:AIXI traded down $0.02 during trading on Thursday, reaching $1.88. 4,490,651 shares of the company traded hands, compared to its average volume of 574,675. XIAO-I has a 52 week low of $1.64 and a 52 week high of $379.40. The company’s 50 day moving average is $5.25 and its two-hundred day moving average is $43.87.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of XIAO-I in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

XIAO-I Company Profile

XIAO-I Holdings Limited, also known as Xiao-I, is an artificial intelligence company that develops enterprise software and cognitive-intelligence solutions. The company’s technologies include natural-language processing, machine learning, speech recognition, computer vision and intelligent automation.

Xiao-I’s product offerings include the Xiao-I Robot platform and other AI tools designed to support conversational customer service, knowledge management, business-process automation and enterprise decision-making.