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

SoundHound AI, Inc. (NASDAQ:SOUNW) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 17,300 shares, an increase of 133.8% from the November 30th total of 7,400 shares. Based on an average trading volume of 191,800 shares, the days-to-cover ratio is presently 0.1 days.

SoundHound AI Stock Down 8.3 %

Shares of NASDAQ:SOUNW traded down $1.28 during trading on Friday, reaching $14.20. 261,034 shares of the stock were exchanged, compared to its average volume of 173,034. SoundHound AI has a 12-month low of $0.23 and a 12-month high of $21.50. The firm’s 50-day moving average price is $5.04 and its 200 day moving average price is $2.99.

SoundHound AI Company Profile

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.