Spectral AI, Inc. (NASDAQ:MDAIW) Short Interest Down 73.8% in July

Spectral AI, Inc. (NASDAQ:MDAIW) was the target of a large drop in short interest in July. As of July 15th, there was short interest totalling 5,300 shares, a drop of 73.8% from the June 30th total of 20,200 shares. Based on an average daily volume of 19,500 shares, the days-to-cover ratio is currently 0.3 days.

Spectral AI Price Performance

NASDAQ:MDAIW remained flat at $0.13 during midday trading on Thursday. 1,118 shares of the company traded hands, compared to its average volume of 36,211. The stock has a fifty day moving average of $0.14 and a two-hundred day moving average of $0.17. Spectral AI has a 12-month low of $0.08 and a 12-month high of $0.39.

Spectral AI Company Profile

Spectral AI, Inc operates as an artificial intelligence (AI) company. The company focuses on medical diagnostics for faster and accurate treatment decisions in wound care with applications involving patients with burns and diabetic foot ulcers. Its products include DeepView, a predictive diagnostic device that offers clinicians an objective and immediate assessment of a wound's healing potential prior to treatment or other medical intervention.