Core AI Holdings (NASDAQ:CHAI) Short Interest Update

Core AI Holdings (NASDAQ:CHAI) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 512,069 shares, a decline of 85.3% from the August 31st total of 3,474,071 shares. Currently, 2.8% of the shares of the company are short sold. Based on an average daily volume of 910,279 shares, the short-interest ratio is presently 0.6 days.

Core AI Trading Down 4.9%

NASDAQ CHAI traded down $0.01 during midday trading on Friday, hitting $0.27. The company had a trading volume of 532,014 shares, compared to its average volume of 16,495,829. The firm has a 50-day moving average price of $0.32 and a 200-day moving average price of $0.80. The company has a market capitalization of $5.42 million, a PE ratio of -0.14 and a beta of 2.07. Core AI has a twelve month low of $0.23 and a twelve month high of $15.68.

Core AI (NASDAQ:CHAI) last released its earnings results on Thursday, August 27th. The company reported ($0.08) earnings per share (EPS) for the quarter. Core AI had a negative return on equity of 226.72% and a negative net margin of 68.53%.The company had revenue of $22.35 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Core AI from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Core AI presently has an average rating of “Sell”.

Core AI Company Profile

Siyata Mobile Inc develops and provides cellular communications solutions for enterprise customers. It provides connected-vehicle devices and various accessories that are designed for professional fleets, such as trucks, vans, buses, ambulances, government cars, and others. The company also develops, markets, and sells rugged Push-To-Talk (PTT), mobile devices, cellular amplifiers, and various accessories. In addition, it offers 4G LTE devices, such as Uniden UV350 and Uniden CP250, in-vehicle communication devices that incorporate voice, push-to-talk over cellular, navigation, and data fleet management solutions.