SoundHound AI, Inc. (NASDAQ:SOUNW) Short Interest Update

SoundHound AI, Inc. (NASDAQ:SOUNW) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 4,700 shares, a decrease of 87.8% from the October 15th total of 38,500 shares. Based on an average daily volume of 35,500 shares, the days-to-cover ratio is currently 0.1 days.

SoundHound AI Stock Down 7.4 %

NASDAQ SOUNW traded down $0.21 during trading hours on Tuesday, hitting $2.63. The company had a trading volume of 56,856 shares, compared to its average volume of 144,161. The firm has a 50 day simple moving average of $1.93 and a 200 day simple moving average of $1.99. SoundHound AI has a 52 week low of $0.19 and a 52 week high of $5.98.

About SoundHound AI

SoundHound AI, Inc develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant.