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BrainChip Holdings Ltd (OTCMKTS:BRCHF) Short Interest Update

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BrainChip Holdings Ltd (OTCMKTS:BRCHF - Get Free Report) saw 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 trading volume, of 295,000 shares, the days-to-cover ratio is presently 0.7 days.

BrainChip Stock Performance

OTCMKTS BRCHF traded down $0.03 on Monday, hitting $0.13. 374,142 shares of the company's stock traded hands, compared to its average volume of 287,386. The firm's 50-day moving average price is $0.21 and its two-hundred day moving average price is $0.17. BrainChip has a 1-year low of $0.10 and a 1-year high of $0.30.

BrainChip Company Profile

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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.

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