BrainChip Holdings Ltd (OTCMKTS:BRCHF) Short Interest Update

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

BrainChip Trading Up 9.7 %

BrainChip stock opened at $0.15 on Tuesday. BrainChip has a fifty-two week low of $0.10 and a fifty-two week high of $0.28. The business’s 50-day simple moving average is $0.19 and its two-hundred day simple moving average is $0.17.

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.