Braiin Ltd (NASDAQ:BRAI) Sees Significant Growth in Short Interest

Braiin Ltd (NASDAQ:BRAI) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 42,689 shares, a growth of 202.0% from the April 15th total of 14,136 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 40,601 shares, the short-interest ratio is currently 1.1 days.

Braiin Stock Up 0.5%

Shares of BRAI stock traded up $0.04 on Friday, reaching $7.30. 5,109 shares of the stock were exchanged, compared to its average volume of 131,522. The stock’s 50 day moving average price is $7.46. Braiin has a 1-year low of $4.19 and a 1-year high of $33.00.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on BRAI shares. Weiss Ratings started coverage on Braiin in a report on Wednesday, May 6th. They issued a “sell (e+)” rating for the company. Wall Street Zen upgraded Braiin from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About Braiin

Braiin Limited is an Australian technology company leveraging proprietary intellectual property and patented artificial intelligence/machine learning (“AI/ML”) technologies to deliver actionable insights across high-growth verticals: Agriculture, Property Technology, and Customer Experience as a Service (“CXaaS”). Our platforms are designed to address inefficiencies and drive data-backed decision-making across traditionally analog sectors. Our first commercial focus is on the agriculture technology sector, where we have successfully deployed our AI-powered solutions across multiple implementations.