BrainChip Holdings Ltd (OTCMKTS:BRCHF - Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 2,380,300 shares, a drop of 17.2% from the April 30th total of 2,874,500 shares. Based on an average daily trading volume, of 128,000 shares, the short-interest ratio is currently 18.6 days. Currently, 0.1% of the company's stock are sold short.
BrainChip Stock Performance
BRCHF traded up $0.03 during trading on Thursday, reaching $0.17. The company had a trading volume of 126,191 shares, compared to its average volume of 186,206. BrainChip has a 12 month low of $0.08 and a 12 month high of $0.28. The business's fifty day moving average price is $0.15 and its 200 day moving average price is $0.17.
About BrainChip
(
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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.
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