Short Interest in XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) Declines By 23.8%

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) saw a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 787,591 shares, a decline of 23.8% from the February 12th total of 1,033,652 shares. Currently, 5.9% of the shares of the company are sold short. Based on an average daily trading volume, of 1,160,603 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 1,160,603 shares, the days-to-cover ratio is currently 0.7 days. Currently, 5.9% of the shares of the company are sold short.

Wall Street Analyst Weigh In

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

XIAO-I Price Performance

Shares of AIXI stock opened at $0.20 on Monday. The company’s fifty day simple moving average is $0.27 and its two-hundred day simple moving average is $0.76. XIAO-I has a 1 year low of $0.19 and a 1 year high of $4.45.

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

About XIAO-I

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.