Short Interest in BrainChip Holdings Ltd (OTCMKTS:BRCHF) Decreases By 23.9%

BrainChip Holdings Ltd (OTCMKTS:BRCHF) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 8,131,100 shares, a drop of 23.9% from the June 30th total of 10,684,900 shares. Based on an average daily volume of 181,500 shares, the days-to-cover ratio is currently 44.8 days.

BrainChip Stock Performance

Shares of BRCHF stock traded down 0.01 on Monday, hitting 0.14. The company had a trading volume of 104,500 shares, compared to its average volume of 189,348. BrainChip has a twelve month low of 0.09 and a twelve month high of 0.36. The company has a 50-day moving average price of 0.15 and a 200-day moving average price of 0.18.

BrainChip Company Profile

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.