BrainChip Holdings Ltd (OTCMKTS:BRCHF) Short Interest Up 398.2% in March

BrainChip Holdings Ltd (OTCMKTS:BRCHF) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,341,200 shares, an increase of 398.2% from the February 28th total of 269,200 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 277,400 shares, the days-to-cover ratio is currently 4.8 days.

BrainChip Trading Up 1.0 %

OTCMKTS:BRCHF traded up $0.00 during mid-day trading on Friday, hitting $0.15. The stock had a trading volume of 8,482 shares, compared to its average volume of 224,598. The company has a 50 day simple moving average of $0.18 and a 200-day simple moving average of $0.18. BrainChip has a 52 week low of $0.10 and a 52 week high of $0.28.

About BrainChip

BrainChip Holdings Ltd develops software and hardware accelerated solutions for artificial intelligence and machine learning applications in North America, Oceania, Europe, the Middle East, and Asia. The company primarily focuses on development of Akida Neuromorphic Processor to provide ultra-low power and fast AI Edge Network for vision, audio, olfactory, and smart transducer applications.