BrainChip Holdings Ltd (OTCMKTS:BRCHF) Short Interest Update

BrainChip Holdings Ltd (OTCMKTS:BRCHF) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 5,945,100 shares, a growth of 11.1% from the October 15th total of 5,350,900 shares. Based on an average daily volume of 399,700 shares, the short-interest ratio is currently 14.9 days.

BrainChip Stock Performance

OTCMKTS:BRCHF traded up 0.00 during mid-day trading on Friday, hitting 0.18. 15,900 shares of the company traded hands, compared to its average volume of 174,491. BrainChip has a one year low of 0.10 and a one year high of 0.36. The stock’s fifty day moving average price is 0.16 and its 200-day moving average price is 0.15.

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.