Core AI Holdings (NASDAQ:CHAI) Stock Short Interest Report for September

Core AI Holdings (NASDAQ:CHAI) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 937,734 shares, a growth of 83.1% from the September 15th total of 512,069 shares. Currently, 5.1% of the company’s stock are short sold. Based on an average daily volume of 904,985 shares, the days-to-cover ratio is currently 1.0 days.

Core AI Price Performance

Core AI stock traded down $0.01 during mid-day trading on Friday, hitting $0.20. 226,900 shares of the company’s stock traded hands, compared to its average volume of 624,280. The firm has a 50 day simple moving average of $0.27 and a two-hundred day simple moving average of $0.67. Core AI has a fifty-two week low of $0.20 and a fifty-two week high of $5.40. The stock has a market cap of $3.99 million, a price-to-earnings ratio of -0.10 and a beta of 2.11.

Core AI (NASDAQ:CHAI) last released its quarterly earnings data on Thursday, August 27th. The company reported ($0.08) EPS for the quarter. The company had revenue of $22.35 million during the quarter. Core AI had a negative net margin of 68.53% and a negative return on equity of 226.72%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Core AI from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

About Core AI

Siyata Mobile Inc develops and provides cellular communications solutions for enterprise customers. It provides connected-vehicle devices and various accessories that are designed for professional fleets, such as trucks, vans, buses, ambulances, government cars, and others. The company also develops, markets, and sells rugged Push-To-Talk (PTT), mobile devices, cellular amplifiers, and various accessories. In addition, it offers 4G LTE devices, such as Uniden UV350 and Uniden CP250, in-vehicle communication devices that incorporate voice, push-to-talk over cellular, navigation, and data fleet management solutions.