Xiaomi Co. (OTCMKTS:XIACF) Sees Significant Increase in Short Interest

Xiaomi Co. (OTCMKTS:XIACF) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 37,532,800 shares, a growth of 46.5% from the September 30th total of 25,624,700 shares. Based on an average daily volume of 106,800 shares, the short-interest ratio is presently 351.4 days. Based on an average daily volume of 106,800 shares, the short-interest ratio is presently 351.4 days.

Xiaomi Price Performance

Xiaomi stock opened at $5.55 on Monday. Xiaomi has a fifty-two week low of $3.23 and a fifty-two week high of $9.00. The stock’s fifty day moving average is $6.73 and its two-hundred day moving average is $6.80.

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.