SoundHound AI, Inc. (NASDAQ:SOUNW) Short Interest Up 268.1% in November

SoundHound AI, Inc. (NASDAQ:SOUNW) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 17,300 shares, an increase of 268.1% from the October 31st total of 4,700 shares. Based on an average daily trading volume, of 47,500 shares, the short-interest ratio is currently 0.4 days.

SoundHound AI Price Performance

SOUNW stock traded up $0.07 during trading hours on Wednesday, reaching $2.96. 35,377 shares of the stock were exchanged, compared to its average volume of 142,551. The firm’s 50-day moving average is $2.07 and its 200-day moving average is $2.00. SoundHound AI has a 12 month low of $0.23 and a 12 month high of $5.98.

SoundHound AI Company Profile

SoundHound AI, Inc develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant.