Brainchip Holdings Ltd. (OTCMKTS:BRCHF - Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 2,951,600 shares, an increase of 24.0% from the May 15th total of 2,380,300 shares. Based on an average daily volume of 334,800 shares, the short-interest ratio is presently 8.8 days. Approximately 0.2% of the company's shares are sold short.
Brainchip Price Performance
BRCHF stock traded up $0.01 during trading on Thursday, reaching $0.15. The company had a trading volume of 125,633 shares, compared to its average volume of 103,450. Brainchip has a 52 week low of $0.08 and a 52 week high of $0.28. The business has a 50 day moving average of $0.16 and a 200 day moving average of $0.17.
Brainchip Company Profile
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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.
Further Reading
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