XTI Aerospace, Inc. (NASDAQ:XTIA) Short Interest Up 290.5% in January

XTI Aerospace, Inc. (NASDAQ:XTIA) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 395,600 shares, an increase of 290.5% from the December 31st total of 101,300 shares. Currently, 26.6% of the company’s stock are short sold. Based on an average daily volume of 865,600 shares, the short-interest ratio is presently 0.5 days.

XTI Aerospace Trading Up 3.7 %

Shares of XTIA opened at $4.76 on Friday. The firm has a 50-day moving average of $9.98 and a 200-day moving average of $33.34. XTI Aerospace has a one year low of $3.85 and a one year high of $1,997.50. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.46 and a quick ratio of 0.34.

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.