Short Interest in XTI Aerospace, Inc. (NASDAQ:XTIA) Decreases By 98.8%

XTI Aerospace, Inc. (NASDAQ:XTIA) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 101,300 shares, a decrease of 98.8% from the December 31st total of 8,170,000 shares. Approximately 10.7% of the company’s shares are sold short. Based on an average daily volume of 725,500 shares, the short-interest ratio is presently 0.1 days.

XTI Aerospace Trading Down 4.2 %

Shares of NASDAQ:XTIA opened at $4.59 on Thursday. The firm has a fifty day moving average of $10.12 and a two-hundred day moving average of $33.54. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.46 and a quick ratio of 0.34. XTI Aerospace has a 12-month low of $3.85 and a 12-month high of $1,997.50.

About XTI Aerospace

XTI Aerospace, Inc engages in the provision of aircraft manufacturing. It primarily focuses on the light and mid-size business aircraft market. The company was founded in April 1999 and is headquartered in Englewood, CO.