Xtend AI Robotics, Inc. (NYSE:XTND) Short Interest Update

Xtend AI Robotics, Inc. (NYSE:XTND) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,555,290 shares. Based on an average daily trading volume, of 968,113 shares, the days-to-cover ratio is currently 1.6 days. Currently, 7.7% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Separately, JonesTrading assumed coverage on shares of Xtend AI Robotics in a research note on Friday, September 4th. They issued a “buy” rating and a $10.00 price objective for the company. One analyst has rated the stock with a Buy rating, According to MarketBeat, Xtend AI Robotics currently has a consensus rating of “Buy” and a consensus target price of $10.00.

Xtend AI Robotics Stock Up 1.9%

XTND stock opened at $3.68 on Wednesday. Xtend AI Robotics has a 52 week low of $3.54 and a 52 week high of $7.15. The company has a market cap of $74.43 million, a P/E ratio of -6.81 and a beta of 3.36.

About Xtend AI Robotics

JFB Construction Holdings is a construction company focused on commercial, retail and residential property development. JFB Construction Holdings is based in Lantana, Fla.