Short Interest in AiRWA Inc. (NASDAQ:YYAI) Increases By 68.7%

AiRWA Inc. (NASDAQ:YYAI) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 64,737 shares, a growth of 68.7% from the July 15th total of 38,385 shares. Approximately 7.1% of the company’s shares are short sold. Based on an average daily volume of 10,352,877 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of AiRWA in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, AiRWA presently has an average rating of “Sell”.

AiRWA Stock Performance

Shares of NASDAQ:YYAI opened at $0.06 on Monday. The company has a market capitalization of $59,325.00, a price-to-earnings ratio of 0.00 and a beta of -1.60. AiRWA has a 12 month low of $0.05 and a 12 month high of $10,576.80. The firm’s 50-day moving average is $5.75 and its 200 day moving average is $23.48.

Insider Activity at AiRWA

In other news, major shareholder Financial Lp Hrt sold 885,977 shares of AiRWA stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $0.08, for a total value of $70,878.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders sold 1,722,381 shares of company stock valued at $112,919. 13.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of YYAI. XTX Topco Ltd grew its stake in shares of AiRWA by 12.5% during the second quarter. XTX Topco Ltd now owns 50,761 shares of the company’s stock valued at $45,000 after buying an additional 5,630 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of AiRWA by 7.2% in the second quarter. Geode Capital Management LLC now owns 90,581 shares of the company’s stock worth $81,000 after buying an additional 6,116 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of AiRWA by 47.7% during the 4th quarter. Jane Street Group LLC now owns 71,054 shares of the company’s stock worth $55,000 after acquiring an additional 22,951 shares during the last quarter. Hedge funds and other institutional investors own 4.03% of the company’s stock.

AiRWA Company Profile

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports. Connexa Sports Technologies Inc is based in Windsor Mill, Maryland.