XTEND AI Robotics, Inc. (NYSE:XTND) Stock Short Interest Jumps 151.7%

XTEND AI Robotics, Inc. (NYSE:XTND) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 3,744,314 shares, an increase of 151.7% from the October 15th total of 1,487,552 shares. Currently, 18.5% of the company’s stock are short sold. Based on an average trading volume of 5,217,873 shares, the short-interest ratio is presently 0.7 days.

Analysts Set New Price Targets

XTND has been the topic of a number of recent research reports. Wall Street Zen raised XTEND AI Robotics to a “hold” rating in a research report on Saturday, November 7th. JonesTrading assumed coverage on XTEND AI Robotics in a research note on Friday, September 4th. They issued a “buy” rating and a $10.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat, XTEND AI Robotics presently has an average rating of “Buy” and a consensus target price of $10.00.

XTEND AI Robotics Price Performance

Shares of XTND stock traded down $0.08 during trading hours on Friday, reaching $1.36. 971,873 shares of the stock were exchanged, compared to its average volume of 2,644,828. The stock has a fifty day moving average price of $2.79. XTEND AI Robotics has a 12-month low of $0.80 and a 12-month high of $7.15. The stock has a market cap of $27.59 million, a price-to-earnings ratio of -2.54 and a beta of 4.35.

About XTEND AI Robotics

XTEND AI Robotics, Inc. designs and develops artificial intelligence-powered robotics and autonomous systems for defense, homeland security, and commercial security applications. The company’s core platform, XOS (XTEND Operating System), functions as a hardware-agnostic, AI-native mission execution operating system that connects autonomous platforms, AI applications, payloads, sensors, and third-party developers into a unified ecosystem. XOS provides AI Pilots software that learns skills and automates missions, a command-and-control interface for remote operation of multi-domain air and ground robotic systems, edge autonomy capabilities for GNSS-denied and confined-space environments, and an interoperability framework for integrating proprietary and third-party platforms, sensors, and payloads.