BrainChip Holdings Ltd (OTCMKTS:BRCHF) Short Interest Update

BrainChip Holdings Ltd (OTCMKTS:BRCHF) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 6,033,600 shares, an increase of 5.2% from the December 31st total of 5,737,200 shares. Based on an average daily trading volume, of 576,500 shares, the days-to-cover ratio is presently 10.5 days.

BrainChip Price Performance

BrainChip stock opened at $0.19 on Wednesday. The company’s 50 day simple moving average is $0.20 and its 200-day simple moving average is $0.17. BrainChip has a 1 year low of $0.10 and a 1 year high of $0.36.

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.