Short Interest in XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) Rises By 49.2%

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 554,934 shares, an increase of 49.2% from the November 30th total of 372,054 shares. Currently, 4.5% of the shares of the company are short sold. Based on an average daily trading volume, of 189,354 shares, the short-interest ratio is currently 2.9 days. Based on an average daily trading volume, of 189,354 shares, the short-interest ratio is currently 2.9 days. Currently, 4.5% of the shares of the company are short sold.

XIAO-I Stock Performance

NASDAQ:AIXI opened at $0.43 on Monday. XIAO-I has a one year low of $0.41 and a one year high of $6.40. The business has a fifty day moving average price of $0.78 and a 200-day moving average price of $1.45.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of XIAO-I in a research report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On XIAO-I

A hedge fund recently bought a new stake in XIAO-I stock. HighTower Advisors LLC bought a new position in shares of XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 21,877 shares of the company’s stock, valued at approximately $94,000. HighTower Advisors LLC owned 0.23% of XIAO-I at the end of the most recent quarter. Institutional investors and hedge funds own 3.99% of the company’s stock.

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.