Spectral AI, Inc. (NASDAQ:MDAIW) Short Interest Down 73.8% in July

Spectral AI, Inc. (NASDAQ:MDAIW) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 5,300 shares, a decrease of 73.8% from the June 30th total of 20,200 shares. Based on an average daily volume of 19,500 shares, the short-interest ratio is presently 0.3 days.

Spectral AI Stock Performance

Shares of Spectral AI stock remained flat at $0.13 during trading on Thursday. 1,118 shares of the stock traded hands, compared to its average volume of 36,211. The company has a 50 day moving average of $0.14 and a two-hundred day moving average of $0.17. Spectral AI has a fifty-two week low of $0.08 and a fifty-two week high of $0.39.

About Spectral AI

Spectral AI, Inc operates as an artificial intelligence (AI) company. The company focuses on medical diagnostics for faster and accurate treatment decisions in wound care with applications involving patients with burns and diabetic foot ulcers. Its products include DeepView, a predictive diagnostic device that offers clinicians an objective and immediate assessment of a wound's healing potential prior to treatment or other medical intervention.