XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 307,987 shares, a growth of 606.8% from the September 30th total of 43,575 shares. Based on an average daily trading volume, of 23,087,247 shares, the short-interest ratio is presently 0.0 days. Approximately 233.3% of the shares of the company are short sold.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on AIXI shares. Weiss Ratings reissued a “sell (e+)” rating on shares of XIAO-I in a research report on Friday, October 2nd. Wall Street Zen raised shares of XIAO-I from a “strong sell” rating to a “hold” rating in a report on Saturday, October 3rd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has a consensus rating of “Sell”.
View Our Latest Report on AIXI
XIAO-I Trading Down 0.7%
Shares of XIAO-I stock traded down $0.02 on Tuesday, reaching $2.99. The stock had a trading volume of 319,614 shares, compared to its average volume of 1,979,678. The business’s 50 day moving average is $2.91 and its two-hundred day moving average is $38.20. XIAO-I has a 1 year low of $1.18 and a 1 year high of $379.40.
XIAO-I (NASDAQ:AIXI – Get Free Report) last posted its earnings results on Thursday, October 1st. The company reported ($23.10) earnings per share (EPS) for the quarter. The business had revenue of $0.52 million for the quarter.
About XIAO-I
XIAO-I Holdings Ltd. is an artificial intelligence company that develops and provides cognitive-intelligence technologies and enterprise software. The company’s offerings are designed to help organizations automate customer interactions, analyze information and improve business processes through natural-language processing, machine learning and other AI capabilities.
XIAO-I’s product portfolio includes AI-powered virtual assistants, chatbots, natural-language processing tools, intelligent customer-service applications and enterprise knowledge-management solutions.
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