SoundHound AI, Inc. (NASDAQ:SOUNW – Get Free Report) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 85,900 shares, an increase of 26.1% from the June 30th total of 68,100 shares. Based on an average daily trading volume, of 87,400 shares, the days-to-cover ratio is presently 1.0 days.
SoundHound AI Price Performance
Shares of SOUNW stock traded up $0.04 during trading hours on Monday, reaching $2.13. The company’s stock had a trading volume of 34,644 shares, compared to its average volume of 199,895. SoundHound AI has a one year low of $0.19 and a one year high of $5.98. The firm’s fifty day simple moving average is $1.90 and its 200 day simple moving average is $1.97.
About SoundHound AI
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