Xiao-I Co. (NASDAQ:AIXI) Short Interest Update

Xiao-I Co. (NASDAQ:AIXI) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 102,700 shares, a drop of 60.1% from the September 30th total of 257,200 shares. Based on an average trading volume of 201,100 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Xiao-I

A hedge fund recently bought a new stake in Xiao-I stock. Murchinson Ltd. bought a new position in Xiao-I Co. (NASDAQ:AIXI) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 38,388 shares of the company’s stock, valued at approximately $69,000. Murchinson Ltd. owned 0.05% of Xiao-I as of its most recent filing with the Securities and Exchange Commission. 3.99% of the stock is owned by hedge funds and other institutional investors.

Xiao-I Trading Down 0.6 %

Shares of AIXI stock opened at $5.02 on Monday. Xiao-I has a twelve month low of $2.06 and a twelve month high of $24.66. The company has a 50 day moving average of $4.92.

Xiao-I Company Profile

Xiao-I Corporation, through its subsidiary, Shanghai Xiao-i Robot Technology Co, Ltd., provides software services in the People’s Republic of China. It offers conversational AI platform that uses deep learning, data enhancement, active learning technologies for dialog management, context processing mechanisms, and driven by a learning system; knowledge fusion platform which integrates Q&A, documents, multimedia, information forms, business processes, knowledge graphs, and multimodal; intelligence voice platform to enhance intelligent speech solutions, realizing the macro processes of intelligent IVP, intelligent outbound calls, speech analysis, agent assistance, and human-computer interaction; and hyperautomation platform that integrates technologies, such as OCR, NLP, and visualized data mining and analysis that enables users to realize business and process automation.