AiRWA Inc. (NASDAQ:YYAI) Short Interest Update

AiRWA Inc. (NASDAQ:YYAI) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 1,355,544 shares, a growth of 1,993.9% from the July 30th total of 64,737 shares. Approximately 2,946.8% of the shares of the stock are sold short. Based on an average trading volume of 120,014,899 shares, the short-interest ratio is currently 0.0 days.

AiRWA Trading Down 6.3%

Shares of AiRWA stock opened at $0.96 on Thursday. The company’s 50-day moving average price is $88.44 and its two-hundred day moving average price is $413.63. AiRWA has a 52 week low of $0.93 and a 52 week high of $168,799.98. The stock has a market cap of $48,250.00, a PE ratio of 0.01 and a beta of -1.61.

Insider Activity

In related news, major shareholder Financial Lp Hrt sold 44,298 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $1.60, for a total transaction of $70,876.80. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders have sold 86,117 shares of company stock valued at $112,916 in the last ninety days. Company insiders own 13.80% of the company’s stock.

Institutional Trading of AiRWA

A number of large investors have recently added to or reduced their stakes in YYAI. Geode Capital Management LLC increased its holdings in shares of AiRWA by 136.7% in the fourth quarter. Geode Capital Management LLC now owns 176,626 shares of the company’s stock valued at $138,000 after buying an additional 101,999 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of AiRWA by 47.7% during the 4th quarter. Jane Street Group LLC now owns 71,054 shares of the company’s stock worth $55,000 after acquiring an additional 22,951 shares in the last quarter. Finally, XTX Topco Ltd boosted its stake in shares of AiRWA by 12.5% during the 2nd quarter. XTX Topco Ltd now owns 50,761 shares of the company’s stock worth $45,000 after acquiring an additional 5,630 shares in the last quarter. 4.03% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of AiRWA in a research note on Thursday, June 18th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, AiRWA has an average rating of “Sell”.

About AiRWA

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports. Connexa Sports Technologies Inc is based in Windsor Mill, Maryland.