Xiaomi Co. (OTCMKTS:XIACF) Short Interest Down 76.8% in December

Xiaomi Co. (OTCMKTS:XIACF) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 3,072,900 shares, a drop of 76.8% from the November 30th total of 13,259,500 shares. Based on an average daily volume of 84,400 shares, the days-to-cover ratio is presently 36.4 days.

Xiaomi Stock Performance

Shares of XIACF opened at $4.28 on Friday. The company’s fifty day moving average is $3.65 and its 200 day moving average is $2.82. Xiaomi has a fifty-two week low of $1.51 and a fifty-two week high of $4.37.

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.