Braiin Ltd (NASDAQ:BRAI) Short Interest Update

Braiin Ltd (NASDAQ:BRAIGet Free Report) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 114,060 shares, a growth of 168.6% from the May 14th total of 42,469 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 1,156,130 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on BRAI. Wall Street Zen raised Braiin from a “sell” rating to a “hold” rating in a report on Sunday, May 31st. Weiss Ratings began coverage on Braiin in a report on Wednesday, May 6th. They issued a “sell (e+)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Read Our Latest Research Report on Braiin

Key Braiin News

Here are the key news stories impacting Braiin this week:

Braiin Stock Down 0.5%

Braiin stock traded down $0.04 during midday trading on Friday, hitting $7.64. 27,246 shares of the company were exchanged, compared to its average volume of 239,116. Braiin has a fifty-two week low of $4.19 and a fifty-two week high of $33.00. The stock’s fifty day simple moving average is $7.87.

About Braiin

(Get Free Report)

Braiin Limited is an Australian technology company leveraging proprietary intellectual property and patented artificial intelligence/machine learning (“AI/ML”) technologies to deliver actionable insights across high-growth verticals: Agriculture, Property Technology, and Customer Experience as a Service (“CXaaS”). Our platforms are designed to address inefficiencies and drive data-backed decision-making across traditionally analog sectors. Our first commercial focus is on the agriculture technology sector, where we have successfully deployed our AI-powered solutions across multiple implementations.

Recommended Stories

Receive News & Ratings for Braiin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Braiin and related companies with MarketBeat.com's FREE daily email newsletter.