Short Interest in BrainChip Holdings Ltd (OTCMKTS:BRCHF) Grows By 33.5%

BrainChip Holdings Ltd (OTCMKTS:BRCHF) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 269,200 shares, a growth of 33.5% from the February 13th total of 201,600 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 378,200 shares, the short-interest ratio is currently 0.7 days.

BrainChip Price Performance

Shares of OTCMKTS BRCHF opened at $0.14 on Monday. BrainChip has a fifty-two week low of $0.10 and a fifty-two week high of $0.28. The stock’s 50-day simple moving average is $0.19 and its 200-day simple moving average is $0.17.

About BrainChip

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.