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

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 283,389 shares, a growth of 76.2% from the July 15th total of 160,813 shares. Based on an average daily volume of 1,215,813 shares, the days-to-cover ratio is currently 0.2 days. Approximately 30.8% of the company’s shares are sold short.

XIAO-I Price Performance

Shares of NASDAQ AIXI opened at $0.83 on Monday. The firm has a fifty day simple moving average of $2.75 and a 200 day simple moving average of $7.13. XIAO-I has a twelve month low of $0.71 and a twelve month high of $54.20.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AIXI. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of XIAO-I in a research note on Wednesday, July 8th. Wall Street Zen cut shares of XIAO-I from a “sell” rating to a “strong sell” rating in a research report on Saturday, April 25th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

XIAO-I Company Profile

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.