Xiaomi Co. (OTCMKTS:XIACF) Short Interest Up 28.5% in March

Xiaomi Co. (OTCMKTS:XIACF) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 55,061,800 shares, an increase of 28.5% from the March 15th total of 42,842,900 shares. Based on an average daily trading volume, of 283,500 shares, the days-to-cover ratio is currently 194.2 days.

Xiaomi Price Performance

Shares of XIACF stock opened at $2.05 on Friday. The company’s fifty day simple moving average is $1.81 and its 200-day simple moving average is $1.82. Xiaomi has a 12 month low of $1.26 and a 12 month high of $2.35.

About Xiaomi

Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products.