Short Interest in BrainChip Holdings Ltd (OTCMKTS:BRCHF) Increases By 398.2%

BrainChip Holdings Ltd (OTCMKTS:BRCHF) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 1,341,200 shares, a growth of 398.2% from the February 28th total of 269,200 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 277,400 shares, the short-interest ratio is currently 4.8 days.

BrainChip Stock Performance

Shares of BrainChip stock opened at $0.13 on Friday. BrainChip has a 1-year low of $0.10 and a 1-year high of $0.28. The stock’s 50 day simple moving average is $0.18 and its 200-day simple moving average is $0.18.

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.