SoundHound AI, Inc. (NASDAQ:SOUNW) Short Interest Down 39.8% in May

Posted by Amy Steele on Jun 3rd, 2026

SoundHound AI, Inc. (NASDAQ:SOUNW – Get Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 28,327 shares, a decrease of 39.8% from the April 30th total of 47,087 shares. Based on an average daily volume of 49,975 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On SoundHound AI

A hedge fund recently raised its stake in SoundHound AI stock. Aristeia Capital L.L.C. boosted its position in shares of SoundHound AI, Inc. (NASDAQ:SOUNW – Free Report) by 3.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 246,720 shares of the company’s stock after purchasing an additional 9,231 shares during the quarter. Aristeia Capital L.L.C.’s holdings in SoundHound AI were worth $843,000 as of its most recent filing with the Securities and Exchange Commission.

SoundHound AI Stock Performance

Shares of SoundHound AI stock traded down $0.32 during midday trading on Wednesday, reaching $2.40. The company had a trading volume of 51,209 shares, compared to its average volume of 31,234. The stock has a fifty day simple moving average of $2.50 and a 200 day simple moving average of $3.35. SoundHound AI has a 1-year low of $1.60 and a 1-year high of $10.85.

About SoundHound AI

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SoundHound AI, Inc is a technology company specializing in voice-enabled artificial intelligence and conversational intelligence platforms. The company develops core speech recognition, natural language understanding and sound recognition software that enables seamless voice interaction across a variety of devices. Through its proprietary Speech-to-Meaning™ and DeepMeaning™ technologies, SoundHound AI aims to deliver fast and accurate voice interfaces that can comprehend complex queries in real time.

At the heart of the company’s offerings is the Houndify® voice AI platform, which provides developers and enterprises with tools to build custom voice assistants and conversational experiences.