Xiaomi Co. (OTCMKTS:XIACF) Sees Significant Decrease in Short Interest

Xiaomi Co. (OTCMKTS:XIACF) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 21,192,800 shares, a decline of 25.0% from the September 30th total of 28,254,100 shares. Based on an average trading volume of 403,600 shares, the short-interest ratio is currently 52.5 days.

Xiaomi Stock Performance

XIACF opened at $3.31 on Monday. The firm’s 50-day moving average price is $2.71 and its 200-day moving average price is $2.39. Xiaomi has a 52-week low of $1.51 and a 52-week high of $3.45.

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.