Xiao-I Co. (NASDAQ:AIXI – Get Free Report) 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 – Free Report) 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.
Read More
- Five stocks we like better than Xiao-I
- How Technical Indicators Can Help You Find Oversold Stocks
- Survey: Top 175 Fittest Retirement Locations in America
- There Are Different Types of Stock To Invest In
- Kimberly-Clark Stock Dips and a Buying Opportunity Emerges
- Learn Technical Analysis Skills to Master the Stock Market
- Leading Gold Stock Shines With Q2 2024 Earnings Release
Receive News & Ratings for Xiao-I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xiao-I and related companies with MarketBeat.com's FREE daily email newsletter.