Short Interest in XTI Aerospace, Inc. (NASDAQ:XTIA) Grows By 103.7%

XTI Aerospace, Inc. (NASDAQ:XTIA) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 8,170,000 shares, a growth of 103.7% from the November 30th total of 4,010,000 shares. Currently, 3.5% of the shares of the company are sold short. Based on an average trading volume of 59,000,000 shares, the short-interest ratio is currently 0.1 days.

XTI Aerospace Stock Performance

Shares of XTI Aerospace stock opened at $0.04 on Friday. The firm has a fifty day moving average price of $0.06 and a 200 day moving average price of $0.20. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.66 and a quick ratio of 0.54. XTI Aerospace has a 1 year low of $0.04 and a 1 year high of $7.99.

About XTI Aerospace

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.