BrainChip Holdings Ltd (OTCMKTS:BRCHF) Short Interest Up 7.6% in December

BrainChip Holdings Ltd (OTCMKTS:BRCHF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 5,737,200 shares, a growth of 7.6% from the November 30th total of 5,333,100 shares. Based on an average daily volume of 469,700 shares, the days-to-cover ratio is currently 12.2 days.

BrainChip Stock Up 25.6 %

BRCHF traded up $0.06 on Tuesday, reaching $0.28. 763,076 shares of the company’s stock were exchanged, compared to its average volume of 177,329. BrainChip has a twelve month low of $0.10 and a twelve month high of $0.36. The company’s 50 day moving average is $0.17 and its 200-day moving average is $0.15.

About BrainChip

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.