Xiao-I Co. (NASDAQ:AIXI) Sees Significant Growth in Short Interest

Xiao-I Co. (NASDAQ:AIXI) saw a significant increase in short interest in August. As of August 31st, there was short interest totalling 139,300 shares, an increase of 196.4% from the August 15th total of 47,000 shares. Based on an average trading volume of 103,400 shares, the short-interest ratio is currently 1.3 days.

Xiao-I Stock Down 2.7 %

AIXI opened at $4.04 on Friday. Xiao-I has a fifty-two week low of $2.06 and a fifty-two week high of $24.66.

Institutional Trading of Xiao-I

A hedge fund recently bought a new stake in Xiao-I stock. Murchinson Ltd. purchased a new stake in Xiao-I Co. (NASDAQ:AIXI) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 38,388 shares of the company’s stock, valued at approximately $69,000. Murchinson Ltd. owned about 0.05% of Xiao-I at the end of the most recent quarter. Institutional investors own 3.99% of the company’s stock.

Xiao-I Company Profile

Xiao-I Corporation, through its subsidiary, Shanghai Xiao-i Robot Technology Co, Ltd., provides smart city, software, and architectural design artificial intelligence services in the People's Republic of China. It offers software products, such as intelligent interactive platform, intelligent voice platform, knowledge fusion platform, computer vision series platform, and other intelligent products.