BrainChip Holdings Ltd (OTCMKTS:BRCHF) Short Interest Update

BrainChip Holdings Ltd (OTCMKTS:BRCHF) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 5,737,200 shares, an increase of 7.6% from the November 30th total of 5,333,100 shares. Based on an average trading volume of 469,700 shares, the days-to-cover ratio is presently 12.2 days.

BrainChip Stock Down 9.5 %

Shares of BrainChip stock opened at $0.25 on Thursday. BrainChip has a 52 week low of $0.10 and a 52 week high of $0.36. The company has a 50 day moving average price of $0.17 and a 200 day moving average price of $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.