Xiao-I Co. (NASDAQ:AIXI) Short Interest Update

Xiao-I Co. (NASDAQ:AIXI) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 413,200 shares, a decline of 15.2% from the June 30th total of 487,500 shares. Based on an average daily volume of 259,400 shares, the short-interest ratio is currently 1.6 days.

Hedge Funds Weigh In On Xiao-I

An institutional investor recently bought a new position in Xiao-I stock. Murchinson Ltd. purchased a new position in Xiao-I Co. (NASDAQ:AIXI) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 38,388 shares of the company’s stock, valued at approximately $69,000. Murchinson Ltd. owned approximately 0.05% of Xiao-I as of its most recent SEC filing. 3.99% of the stock is currently owned by institutional investors and hedge funds.

Xiao-I Stock Down 5.4 %

Shares of AIXI stock opened at $0.70 on Tuesday. Xiao-I has a one year low of $0.59 and a one year high of $10.39. The stock has a fifty day moving average price of $0.79 and a 200 day moving average price of $1.40.

About Xiao-I

Xiao-I Corporation, through its subsidiary, Shanghai Xiao-i Robot Technology Co, Ltd., provides smart city, software, and architectural design artificial intelligence services in the People's Republic of China. It offers software products, such as intelligent interactive platform, intelligent voice platform, knowledge fusion platform, computer vision series platform, and other intelligent products.