Short Interest in OnChip Technologies, Inc. (NASDAQ:ONCH) Grows By 134.6%

OnChip Technologies, Inc. (NASDAQ:ONCH) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 312 shares, a growth of 134.6% from the April 15th total of 133 shares. Based on an average daily volume of 14,192 shares, the short-interest ratio is presently 0.0 days.

OnChip Technologies Stock Performance

ONCH stock traded up $0.00 on Friday, hitting $10.20. 8,915 shares of the company were exchanged, compared to its average volume of 54,935. OnChip Technologies has a twelve month low of $10.13 and a twelve month high of $10.63. The business’s fifty day moving average is $10.17 and its two-hundred day moving average is $10.22.

OnChip Technologies (NASDAQ:ONCH) last released its quarterly earnings data on Friday, March 27th. The company reported $0.09 earnings per share (EPS) for the quarter.

OnChip Technologies, Inc (NASDAQ:ONCH) is a fabless semiconductor company specializing in edge-based voice and audio processing solutions. The company develops digital signal processing (DSP) intellectual property cores and accompanying software frameworks designed to enable low-power, always-listening voice interfaces and advanced audio features. By integrating custom DSP hardware blocks with optimized software, OnChip enables functionalities such as keyword spotting, noise reduction, echo cancellation and far-field voice capture in compact system-on-chip (SoC) designs.

OnChip’s product portfolio consists of licensable DSP IP blocks, software development kits (SDKs) and turnkey reference designs that original equipment manufacturers (OEMs) and semiconductor partners can embed directly into consumer electronics, automotive infotainment systems, smart home devices and industrial automation platforms.