BrainChip Holdings Ltd (OTCMKTS:BRCHF) Sees Significant Growth in Short Interest

by · The Cerbat Gem

BrainChip Holdings Ltd (OTCMKTS:BRCHF – Get Free Report) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 2,753,500 shares, a growth of 141.8% from the March 31st total of 1,138,700 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 373,400 shares, the short-interest ratio is currently 7.4 days.

BrainChip Price Performance

OTCMKTS BRCHF traded up $0.01 during trading hours on Monday, reaching $0.19. 109,766 shares of the company’s stock were exchanged, compared to its average volume of 218,852. BrainChip has a one year low of $0.08 and a one year high of $0.28. The company’s 50-day moving average is $0.15 and its two-hundred day moving average is $0.18.

About BrainChip

(Get Free Report)

BrainChip Holdings Ltd develops software and hardware accelerated solutions for artificial intelligence and machine learning applications in North America, Oceania, Europe, the Middle East, and Asia. The company primarily focuses on development of Akida Neuromorphic Processor to provide ultra-low power and fast AI Edge Network for vision, audio, olfactory, and smart transducer applications.

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