Short Interest in XTI Aerospace, Inc. (NASDAQ:XTIA) Decreases By 98.8%

XTI Aerospace, Inc. (NASDAQ:XTIA) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 101,300 shares, a drop of 98.8% from the December 31st total of 8,170,000 shares. Based on an average daily trading volume, of 725,500 shares, the days-to-cover ratio is currently 0.1 days. Currently, 10.7% of the shares of the company are sold short.

XTI Aerospace Price Performance

NASDAQ XTIA opened at $4.79 on Wednesday. XTI Aerospace has a one year low of $3.85 and a one year high of $1,997.50. The company has a 50-day simple moving average of $10.12 and a 200-day simple moving average of $33.54. The company has a quick ratio of 0.34, a current ratio of 0.46 and a debt-to-equity ratio of 0.35.

XTI Aerospace Company Profile

XTI Aerospace, Inc engages in the provision of aircraft manufacturing. It primarily focuses on the light and mid-size business aircraft market. The company was founded in April 1999 and is headquartered in Englewood, CO.