XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) Short Interest Up 19.9% in March

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 944,346 shares, a growth of 19.9% from the February 26th total of 787,591 shares. Currently, 7.0% of the company’s stock are short sold. Based on an average daily volume of 1,048,136 shares, the days-to-cover ratio is currently 0.9 days.

XIAO-I Stock Down 22.4%

Shares of AIXI stock opened at $0.10 on Tuesday. XIAO-I has a 52-week low of $0.09 and a 52-week high of $4.40. The firm’s 50-day moving average is $0.22 and its 200-day moving average is $0.65.

XIAO-I (NASDAQ:AIXI) last posted its quarterly earnings results on Wednesday, December 31st. The company reported ($1.26) EPS for the quarter. The company had revenue of $5.76 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of XIAO-I in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

XIAO-I Company Profile

XIAO-I (NASDAQ: AIXI) is a technology company specializing in artificial intelligence solutions driven by natural language processing and machine learning. The company offers a suite of AI-powered products designed to automate and enhance customer interactions, knowledge management and data analytics for enterprise clients. XIAO-I’s core offerings include conversational AI engines, intelligent customer service platforms, knowledge graph development and voice and image recognition modules.

The company delivers its solutions via both cloud-based and on-premise deployments, catering to sectors such as banking, insurance, telecommunications, government services and healthcare.