XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 90,029 shares, a drop of 70.8% from the October 15th total of 307,987 shares. Based on an average daily volume of 4,859,432 shares, the short-interest ratio is presently 0.0 days. Currently, 15.8% of the company’s shares are short sold.
Wall Street Analyst Weigh In
AIXI has been the subject of a number of research analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of XIAO-I in a research note on Friday, October 2nd. Wall Street Zen upgraded XIAO-I from a “strong sell” rating to a “hold” rating in a research report on Saturday, October 3rd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.
Check Out Our Latest Stock Analysis on XIAO-I
XIAO-I Stock Performance
NASDAQ:AIXI traded up $0.13 during mid-day trading on Friday, hitting $1.91. 1,854,780 shares of the company’s stock traded hands, compared to its average volume of 1,880,182. The firm’s 50 day simple moving average is $2.39 and its 200 day simple moving average is $35.24. XIAO-I has a 1 year low of $1.18 and a 1 year high of $379.40.
XIAO-I (NASDAQ:AIXI – Get Free Report) last released its quarterly earnings data on Thursday, October 1st. The company reported ($23.10) EPS for the quarter. The firm had revenue of $0.52 million during the quarter.
About XIAO-I
XIAO-I Corporation is an artificial intelligence company based in China that develops enterprise-focused cognitive intelligence technologies. Its offerings are built primarily around natural language processing, machine learning and conversational AI, helping organizations automate interactions and use business data more effectively. The company provides products and services for applications such as intelligent customer service, virtual assistants, knowledge management, employee support and business-process automation.
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