XTI Aerospace, Inc. (NASDAQ:XTIA) Short Interest Down 98.8% in December

XTI Aerospace, Inc. (NASDAQ:XTIA) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 101,300 shares, a decrease of 98.8% from the December 15th total of 8,170,000 shares. Based on an average daily volume of 725,500 shares, the short-interest ratio is presently 0.1 days. Currently, 10.7% of the company’s shares are sold short.

XTI Aerospace Price Performance

NASDAQ XTIA traded down $0.44 on Monday, hitting $6.87. 1,612,961 shares of the stock were exchanged, compared to its average volume of 4,068,207. The company has a quick ratio of 0.54, a current ratio of 0.66 and a debt-to-equity ratio of 0.02. XTI Aerospace has a 52-week low of $3.85 and a 52-week high of $1,997.50. The stock has a fifty day moving average price of $11.78 and a two-hundred day moving average price of $40.59.

XTI Aerospace Company Profile

XTI Aircraft Company manufactures vertical takeoff airplanes. The company provides TriFan 600, which lifts off vertically. XTI Aircraft Company was formerly known as AVX Aircraft Technologies, Inc and changed its name to XTI Aircraft Company in March 2015. The company was incorporated in 2009 and is based in Englewood, Colorado.