XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) Short Interest Update

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXIGet Free Report) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 554,934 shares, an increase of 49.2% from the November 30th total of 372,054 shares. Approximately 4.5% of the shares of the company are short sold. Based on an average trading volume of 189,354 shares, the short-interest ratio is currently 2.9 days. Based on an average trading volume of 189,354 shares, the short-interest ratio is currently 2.9 days. Approximately 4.5% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of XIAO-I in a research note on Monday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

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Institutional Trading of XIAO-I

An institutional investor recently bought a new position in XIAO-I stock. HighTower Advisors LLC acquired a new stake in XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXIFree Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 21,877 shares of the company’s stock, valued at approximately $94,000. HighTower Advisors LLC owned 0.23% of XIAO-I at the end of the most recent reporting period. 3.99% of the stock is currently owned by institutional investors.

XIAO-I Price Performance

Shares of AIXI opened at $0.41 on Wednesday. The business’s 50 day simple moving average is $0.74 and its 200-day simple moving average is $1.42. XIAO-I has a one year low of $0.41 and a one year high of $6.40.

About XIAO-I

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XIAO-I (NASDAQ: AIXI) is a technology company specializing in artificial intelligence solutions driven by natural language processing and machine learning. The company offers a suite of AI-powered products designed to automate and enhance customer interactions, knowledge management and data analytics for enterprise clients. XIAO-I’s core offerings include conversational AI engines, intelligent customer service platforms, knowledge graph development and voice and image recognition modules.

The company delivers its solutions via both cloud-based and on-premise deployments, catering to sectors such as banking, insurance, telecommunications, government services and healthcare.

Further Reading

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