AiRWA Inc. (NASDAQ:YYAI) Short Interest Update

AiRWA Inc. (NASDAQ:YYAI) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 64,737 shares, a growth of 68.7% from the July 15th total of 38,385 shares. Based on an average daily volume of 10,352,877 shares, the short-interest ratio is currently 0.0 days. Currently, 7.1% of the shares of the stock are short sold.

Insider Activity at AiRWA

In other news, major shareholder Financial Lp Hrt sold 885,977 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $0.08, for a total transaction of $70,878.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders have sold 1,722,381 shares of company stock worth $112,919. 13.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On AiRWA

A number of institutional investors and hedge funds have recently made changes to their positions in YYAI. XTX Topco Ltd increased its holdings in shares of AiRWA by 12.5% in the 2nd quarter. XTX Topco Ltd now owns 50,761 shares of the company’s stock worth $45,000 after buying an additional 5,630 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of AiRWA by 7.2% in the 2nd quarter. Geode Capital Management LLC now owns 90,581 shares of the company’s stock valued at $81,000 after acquiring an additional 6,116 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of AiRWA by 47.7% in the 4th quarter. Jane Street Group LLC now owns 71,054 shares of the company’s stock valued at $55,000 after acquiring an additional 22,951 shares during the last quarter. 4.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of AiRWA in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, AiRWA presently has a consensus rating of “Sell”.

AiRWA Stock Performance

Shares of YYAI opened at $0.06 on Monday. The company’s fifty day moving average is $5.75 and its 200 day moving average is $23.48. AiRWA has a fifty-two week low of $0.05 and a fifty-two week high of $10,576.80. The stock has a market capitalization of $59,325.00, a PE ratio of 0.00 and a beta of -1.60.

AiRWA Company Profile

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.