XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) Short Interest Update

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 296,222 shares, a growth of 182.4% from the August 15th total of 104,884 shares. Approximately 227.9% of the company’s shares are short sold. Based on an average daily volume of 27,578,104 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of XIAO-I in a report on Wednesday, July 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

XIAO-I Price Performance

AIXI traded down $0.30 during trading on Monday, reaching $2.38. The stock had a trading volume of 82,368 shares, compared to its average volume of 460,840. The stock’s 50 day moving average is $7.19 and its two-hundred day moving average is $45.76. XIAO-I has a one year low of $2.38 and a one year high of $379.40.

About XIAO-I

XIAO-I (NASDAQ: AIXI) is a technology company specializing in artificial intelligence solutions driven by natural language processing and machine learning. The company offers a suite of AI-powered products designed to automate and enhance customer interactions, knowledge management and data analytics for enterprise clients. XIAO-I’s core offerings include conversational AI engines, intelligent customer service platforms, knowledge graph development and voice and image recognition modules.

The company delivers its solutions via both cloud-based and on-premise deployments, catering to sectors such as banking, insurance, telecommunications, government services and healthcare.