iLearningEngines, Inc. (NASDAQ:AILEW) Sees Large Decline in Short Interest

iLearningEngines, Inc. (NASDAQ:AILEW) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 16,100 shares, a decline of 59.9% from the September 30th total of 40,100 shares. Based on an average daily volume of 59,100 shares, the short-interest ratio is currently 0.3 days.

iLearningEngines Price Performance

NASDAQ:AILEW traded down $0.03 during trading hours on Friday, reaching $0.25. The company had a trading volume of 502 shares, compared to its average volume of 93,944. The business has a 50-day simple moving average of $0.27. iLearningEngines has a one year low of $0.04 and a one year high of $1.96.

About iLearningEngines

iLearningEngines, Inc operates AI-powered learning automation and information intelligence for corporate and educational use. The company's AI and learning automation platform is used by enterprises to productize enterprise knowledge for consumption throughout the enterprise. Its outcome-based training has deployed in regulated and detail-oriented vertical markets, such as healthcare, education, insurance, retail, oil and gas/energy, manufacturing, and government.