Xiaomi Co. (OTCMKTS:XIACF) Short Interest Up 21.3% in August

Xiaomi Co. (OTCMKTS:XIACFGet Free Report) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 26,050,800 shares, a growth of 21.3% from the August 15th total of 21,468,600 shares. Based on an average daily volume of 85,100 shares, the days-to-cover ratio is presently 306.1 days. Based on an average daily volume of 85,100 shares, the days-to-cover ratio is presently 306.1 days.

Xiaomi Trading Down 1.2%

Shares of XIACF opened at $7.33 on Friday. The stock has a 50 day simple moving average of $7.01 and a 200 day simple moving average of $6.75. Xiaomi has a 52-week low of $2.35 and a 52-week high of $9.00.

About Xiaomi

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Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products.

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