AIAI Holdings Corp (NASDAQ:AIAI) Sees Significant Increase in Short Interest

AIAI Holdings Corp (NASDAQ:AIAIGet Free Report) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 912,369 shares, a growth of 413.6% from the June 15th total of 177,643 shares. Based on an average daily volume of 618,381 shares, the short-interest ratio is currently 1.5 days. Approximately 1.3% of the company’s shares are short sold.

AIAI Price Performance

AIAI opened at $10.56 on Friday. The stock’s fifty day simple moving average is $14.26. AIAI has a 52 week low of $9.85 and a 52 week high of $19.57.

AIAI (NASDAQ:AIAIGet Free Report) last posted its quarterly earnings results on Monday, June 22nd. The company reported ($2,717.66) earnings per share for the quarter.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of AIAI to a “hold” rating in a research report on Saturday, May 23rd.

Read Our Latest Stock Report on AIAI

Insiders Place Their Bets

In related news, CFO Stephanie Liebman sold 38,503 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $13.56, for a total value of $522,100.68. Following the transaction, the chief financial officer owned 154,014 shares in the company, valued at $2,088,429.84. This trade represents a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey Glajch sold 14,295 shares of AIAI stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $13.60, for a total value of $194,412.00. Following the completion of the sale, the director owned 347,806 shares of the company’s stock, valued at approximately $4,730,161.60. The trade was a 3.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 146,141 shares of company stock valued at $2,025,248.

About AIAI

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