Xiao-I Co. (NASDAQ:AIXI) Short Interest Update

Xiao-I Co. (NASDAQ:AIXI) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 257,700 shares, an increase of 27.8% from the January 15th total of 201,600 shares. Based on an average trading volume of 137,800 shares, the short-interest ratio is presently 1.9 days.

Institutional Investors Weigh In On Xiao-I

A hedge fund recently raised its stake in Xiao-I stock. Steward Partners Investment Advisory LLC grew its stake in Xiao-I Co. (NASDAQ:AIXI) by 729.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,300 shares of the company’s stock after purchasing an additional 37,200 shares during the period. Steward Partners Investment Advisory LLC owned approximately 0.44% of Xiao-I worth $244,000 at the end of the most recent reporting period. Institutional investors own 3.99% of the company’s stock.

Xiao-I Price Performance

Shares of Xiao-I stock opened at $5.19 on Friday. The company’s 50 day moving average price is $5.31. Xiao-I has a 12 month low of $2.06 and a 12 month high of $22.05.

About Xiao-I

Xiao-I Corporation, through its subsidiary, Shanghai Xiao-i Robot Technology Co, Ltd., provides software services in the People’s Republic of China. It offers conversational AI platform that uses deep learning, data enhancement, active learning technologies for dialog management, context processing mechanisms, and driven by a learning system; knowledge fusion platform which integrates Q&A, documents, multimedia, information forms, business processes, knowledge graphs, and multimodal; intelligence voice platform to enhance intelligent speech solutions, realizing the macro processes of intelligent IVP, intelligent outbound calls, speech analysis, agent assistance, and human-computer interaction; and hyperautomation platform that integrates technologies, such as OCR, NLP, and visualized data mining and analysis that enables users to realize business and process automation.