SoundHound AI, Inc. (NASDAQ:SOUNW) Sees Large Drop in Short Interest

SoundHound AI, Inc. (NASDAQ:SOUNW) saw a significant decline in short interest in January. As of January 31st, there was short interest totalling 7,800 shares, a decline of 59.2% from the January 15th total of 19,100 shares. Based on an average trading volume of 258,800 shares, the short-interest ratio is presently 0.0 days.

SoundHound AI Stock Up 10.3 %

NASDAQ SOUNW traded up $0.72 on Thursday, reaching $7.72. 71,760 shares of the company’s stock traded hands, compared to its average volume of 144,592. SoundHound AI has a 12 month low of $0.23 and a 12 month high of $21.50. The stock has a 50-day simple moving average of $9.43 and a 200 day simple moving average of $4.68.

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.