BrainChip Holdings Ltd (OTCMKTS:BRCHF) Sees Significant Increase in Short Interest

BrainChip Holdings Ltd (OTCMKTS:BRCHF) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 5,945,100 shares, a growth of 11.1% from the October 15th total of 5,350,900 shares. Based on an average daily volume of 399,700 shares, the short-interest ratio is currently 14.9 days.

BrainChip Trading Up 0.9 %

BrainChip stock traded up 0.00 during mid-day trading on Friday, reaching 0.18. The company had a trading volume of 15,900 shares, compared to its average volume of 174,491. BrainChip has a 1 year low of 0.10 and a 1 year high of 0.36. The stock’s 50-day simple moving average is 0.16 and its 200-day simple moving average is 0.15.

BrainChip Company Profile

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.