XTI Aerospace, Inc. (NASDAQ:XTIA) Short Interest Update

XTI Aerospace, Inc. (NASDAQ:XTIA) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 4,360,000 shares, an increase of 514.9% from the October 31st total of 709,100 shares. Approximately 3.9% of the company’s shares are sold short. Based on an average trading volume of 32,210,000 shares, the days-to-cover ratio is presently 0.1 days.

XTI Aerospace Price Performance

NASDAQ:XTIA opened at $0.04 on Friday. XTI Aerospace has a 52 week low of $0.04 and a 52 week high of $11.50. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.54 and a current ratio of 0.66. The stock’s fifty day moving average is $0.11 and its two-hundred day moving average is $0.35.

XTI Aerospace Company Profile

XTI Aircraft Company manufactures vertical takeoff airplanes. The company provides TriFan 600, which lifts off vertically. XTI Aircraft Company was formerly known as AVX Aircraft Technologies, Inc and changed its name to XTI Aircraft Company in March 2015. The company was incorporated in 2009 and is based in Englewood, Colorado.