Short Interest in BrainChip Holdings Ltd (OTCMKTS:BRCHF) Increases By 141.8%

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

BrainChip Stock Up 2.3 %

Shares of BRCHF traded up $0.00 during mid-day trading on Friday, reaching $0.18. 42,415 shares of the stock traded hands, compared to its average volume of 208,012. BrainChip has a 1 year low of $0.08 and a 1 year high of $0.28. The firm has a fifty day moving average price of $0.15 and a 200 day moving average price of $0.18.

BrainChip Company Profile

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.