BrainChip Holdings Ltd (OTCMKTS:BRCHF) Short Interest Update

BrainChip Holdings Ltd (OTCMKTS:BRCHF) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 1,138,700 shares, a drop of 15.1% from the March 15th total of 1,341,200 shares. Based on an average daily volume of 114,700 shares, the short-interest ratio is currently 9.9 days. Currently, 0.1% of the shares of the company are sold short.

BrainChip Trading Up 2.4 %

Shares of BRCHF opened at $0.18 on Tuesday. The firm’s 50-day simple moving average is $0.15 and its 200 day simple moving average is $0.18. BrainChip has a 52 week low of $0.08 and a 52 week high of $0.28.

BrainChip Company Profile

BrainChip Holdings Ltd develops software and hardware accelerated solutions for artificial intelligence and machine learning applications in North America, Oceania, Europe, the Middle East, and Asia. The company primarily focuses on development of Akida Neuromorphic Processor to provide ultra-low power and fast AI Edge Network for vision, audio, olfactory, and smart transducer applications.