Short Interest in SoundHound AI, Inc. (NASDAQ:SOUNW) Expands By 133.8%

SoundHound AI, Inc. (NASDAQ:SOUNW) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 17,300 shares, an increase of 133.8% from the November 30th total of 7,400 shares. Based on an average daily volume of 191,800 shares, the short-interest ratio is presently 0.1 days.

SoundHound AI Trading Down 6.3 %

NASDAQ:SOUNW traded down $0.98 during mid-day trading on Friday, reaching $14.50. The stock had a trading volume of 333,558 shares, compared to its average volume of 173,335. The business’s 50 day moving average is $5.29 and its 200 day moving average is $3.10. SoundHound AI has a fifty-two week low of $0.23 and a fifty-two week high of $21.50.

About SoundHound AI

SoundHound AI, Inc develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant.