SoundHound AI, Inc. (NASDAQ:SOUNW) Short Interest Update

SoundHound AI, Inc. (NASDAQ:SOUNW) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 23,300 shares, a growth of 34.7% from the December 15th total of 17,300 shares. Based on an average daily trading volume, of 229,900 shares, the short-interest ratio is currently 0.1 days.

SoundHound AI Price Performance

SOUNW stock traded up $0.57 during mid-day trading on Friday, reaching $10.30. The company had a trading volume of 83,507 shares, compared to its average volume of 217,596. The firm has a 50 day moving average of $7.40 and a 200 day moving average of $3.86. SoundHound AI has a 12 month low of $0.23 and a 12 month high of $21.50.

About SoundHound AI

SoundHound AI, Inc develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant.