XTI Aerospace, Inc. (NASDAQ:XTIA) Short Interest Up 514.9% in November

XTI Aerospace, Inc. (NASDAQ:XTIA) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 4,360,000 shares, an increase of 514.9% from the October 31st total of 709,100 shares. Based on an average daily volume of 32,210,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 3.9% of the company’s stock are short sold.

XTI Aerospace Stock Performance

Shares of XTI Aerospace stock opened at $0.04 on Thursday. XTI Aerospace has a 12 month low of $0.04 and a 12 month high of $11.50. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.66 and a quick ratio of 0.54. The business has a fifty day simple moving average of $0.11 and a two-hundred day simple moving average of $0.35.

XTI Aerospace Company Profile

XTI Aircraft Company manufactures vertical takeoff airplanes. The company provides TriFan 600, which lifts off vertically. XTI Aircraft Company was formerly known as AVX Aircraft Technologies, Inc and changed its name to XTI Aircraft Company in March 2015. The company was incorporated in 2009 and is based in Englewood, Colorado.