XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) Short Interest Up 49.2% in December

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 554,934 shares, an increase of 49.2% from the November 30th total of 372,054 shares. Based on an average daily trading volume, of 189,354 shares, the short-interest ratio is currently 2.9 days. Approximately 4.5% of the shares of the company are sold short. Approximately 4.5% of the shares of the company are sold short. Based on an average daily trading volume, of 189,354 shares, the short-interest ratio is currently 2.9 days.

Institutional Investors Weigh In On XIAO-I

An institutional investor recently bought a new position in XIAO-I stock. HighTower Advisors LLC purchased a new position in shares of XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 21,877 shares of the company’s stock, valued at approximately $94,000. HighTower Advisors LLC owned approximately 0.23% of XIAO-I at the end of the most recent reporting period. 3.99% of the stock is currently owned by hedge funds and other institutional investors.

XIAO-I Stock Performance

Shares of NASDAQ AIXI opened at $0.42 on Tuesday. XIAO-I has a one year low of $0.41 and a one year high of $6.40. The company’s fifty day moving average is $0.76 and its two-hundred day moving average is $1.44.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of XIAO-I in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, XIAO-I has a consensus rating of “Sell”.

XIAO-I Company Profile

XIAO-I (NASDAQ: AIXI) is a technology company specializing in artificial intelligence solutions driven by natural language processing and machine learning. The company offers a suite of AI-powered products designed to automate and enhance customer interactions, knowledge management and data analytics for enterprise clients. XIAO-I’s core offerings include conversational AI engines, intelligent customer service platforms, knowledge graph development and voice and image recognition modules.

The company delivers its solutions via both cloud-based and on-premise deployments, catering to sectors such as banking, insurance, telecommunications, government services and healthcare.