Xtend AI Robotics, Inc. (NYSE:XTND) Sees Large Growth in Short Interest

Xtend AI Robotics, Inc. (NYSE:XTND) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,555,290 shares. Currently, 7.7% of the shares of the company are short sold. Based on an average daily trading volume, of 968,113 shares, the short-interest ratio is presently 1.6 days.

Xtend AI Robotics Trading Down 8.9%

NYSE XTND traded down $0.35 during trading on Monday, hitting $3.62. 842,885 shares of the company’s stock were exchanged, compared to its average volume of 1,149,089. Xtend AI Robotics has a fifty-two week low of $3.60 and a fifty-two week high of $7.15. The company has a market cap of $73.33 million, a price-to-earnings ratio of -6.71 and a beta of 3.36.

Analyst Ratings Changes

Separately, JonesTrading assumed coverage on Xtend AI Robotics in a report on Friday, September 4th. They set a “buy” rating and a $10.00 price objective for the company. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Xtend AI Robotics has a consensus rating of “Buy” and an average price target of $10.00.

About Xtend AI Robotics

JFB Construction Holdings is a construction company focused on commercial, retail and residential property development. JFB Construction Holdings is based in Lantana, Fla.