Short Interest in BrainChip Holdings Ltd (OTCMKTS:BRCHF) Expands By 5.2%

BrainChip Holdings Ltd (OTCMKTS:BRCHF) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 6,033,600 shares, an increase of 5.2% from the December 31st total of 5,737,200 shares. Based on an average trading volume of 576,500 shares, the short-interest ratio is presently 10.5 days.

BrainChip Price Performance

BrainChip stock opened at $0.19 on Tuesday. The firm’s 50 day simple moving average is $0.20 and its 200-day simple moving average is $0.17. BrainChip has a fifty-two week low of $0.10 and a fifty-two week high of $0.36.

About BrainChip

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.