Xiaomi Co. (OTCMKTS:XIACF – Get Free Report) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 17,234,400 shares, an increase of 65.8% from the March 15th total of 10,392,400 shares. Based on an average trading volume of 333,500 shares, the days-to-cover ratio is presently 51.7 days.
Xiaomi Stock Up 1.3 %
Shares of XIACF stock opened at $5.34 on Friday. Xiaomi has a 1-year low of $1.80 and a 1-year high of $7.92. The company has a 50-day moving average of $6.31 and a two-hundred day moving average of $4.76.
Wall Street Analyst Weigh In
Separately, Sanford C. Bernstein started coverage on Xiaomi in a report on Tuesday. They set an “outperform” rating for the company.
About Xiaomi
Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products.
See Also
- Five stocks we like better than Xiaomi
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Tariff Exemptions Set the Stage for a Taiwan Semiconductor Rally
- 3 Warren Buffett Stocks to Buy Now
- Mitigating Tariffs: 3 Stocks to Gain From a Weaker U.S. Dollar
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Broadcom’s Apple Relationship: AI Opportunity Meets Tariff Risk
Receive News & Ratings for Xiaomi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xiaomi and related companies with MarketBeat.com's FREE daily email newsletter.
