Short Interest in BrainChip Holdings Ltd (OTCMKTS:BRCHF) Grows By 33.5%

BrainChip Holdings Ltd (OTCMKTS:BRCHF) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 269,200 shares, an increase of 33.5% from the February 13th total of 201,600 shares. Based on an average daily trading volume, of 378,200 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the shares of the stock are short sold.

BrainChip Stock Performance

BrainChip stock opened at $0.14 on Monday. The stock’s 50 day moving average price is $0.19 and its 200 day moving average price is $0.17. BrainChip has a 1-year low of $0.10 and a 1-year high of $0.28.

BrainChip Company Profile

BrainChip Holdings Ltd develops software and hardware accelerated solutions for artificial intelligence and machine learning applications in North America, Oceania, Europe, the Middle East, and Asia. The company primarily focuses on development of Akida Neuromorphic Processor to provide ultra-low power and fast AI Edge Network for vision, audio, olfactory, and smart transducer applications.