Xiaomi Co. (OTCMKTS:XIACF) Short Interest Down 43.4% in April

Xiaomi Co. (OTCMKTS:XIACF) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 31,156,000 shares, a decline of 43.4% from the March 31st total of 55,061,800 shares. Based on an average trading volume of 1,083,400 shares, the short-interest ratio is presently 28.8 days.

Analyst Ratings Changes

Separately, Macquarie began coverage on Xiaomi in a research report on Monday, April 15th. They set an “outperform” rating on the stock.

Xiaomi Trading Up 4.7 %

XIACF stock opened at $2.22 on Friday. Xiaomi has a 1 year low of $1.26 and a 1 year high of $2.35. The stock’s fifty day moving average is $1.91 and its two-hundred day moving average is $1.86.

Xiaomi Company Profile

Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products.