AiRWA Inc. (NASDAQ:YYAI) Stock Short Interest Climbs 70.7%

AiRWA Inc. (NASDAQ:YYAI) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 439,494 shares, a growth of 70.7% from the September 30th total of 257,537 shares. Currently, 11.1% of the shares of the company are sold short. Based on an average daily volume of 784,267 shares, the short-interest ratio is currently 0.6 days.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of AiRWA in a research report on Monday, September 14th. Wall Street Zen upgraded AiRWA to a “sell” rating in a research report on Saturday, August 29th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, AiRWA presently has an average rating of “Sell”.

AiRWA Price Performance

Shares of NASDAQ:YYAI opened at $0.74 on Tuesday. AiRWA has a 12 month low of $0.64 and a 12 month high of $1,776.00. The stock’s 50 day moving average price is $0.79 and its 200 day moving average price is $366.77.

Insider Buying and Selling

In other AiRWA news, major shareholder Financial Lp Hrt sold 44,298 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $1.60, for a total value of $70,876.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 13.80% of the company’s stock.

About AiRWA

AiRWA Inc (NASDAQ: YYAI) is a technology company focused on the intersection of artificial intelligence and real-world assets. The company is developing solutions intended to connect physical assets and activities with digital technologies, including tools for asset digitization, intelligent management and blockchain-based applications.

AiRWA previously operated as Connexa Sports Technologies Inc, a company associated with sports technology products and services, including the Slinger brand of smart tennis equipment and related digital offerings.