BrainChip Holdings Ltd (OTCMKTS:BRCHF) Short Interest Update

BrainChip Holdings Ltd (OTCMKTS:BRCHF) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 201,600 shares, a drop of 85.8% from the January 31st total of 1,415,600 shares. Based on an average daily volume of 295,000 shares, the short-interest ratio is presently 0.7 days.

BrainChip Stock Down 6.5 %

BRCHF stock traded down $0.01 during trading hours on Friday, hitting $0.16. 890,100 shares of the stock were exchanged, compared to its average volume of 285,162. The company has a 50-day simple moving average of $0.21 and a two-hundred day simple moving average of $0.17. BrainChip has a 12 month low of $0.10 and a 12 month high of $0.30.

BrainChip Company Profile

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.