Short Interest in BrainChip Holdings Ltd (OTCMKTS:BRCHF) Declines By 11.9%

BrainChip Holdings Ltd (OTCMKTS:BRCHF) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 5,333,100 shares, a decline of 11.9% from the November 15th total of 6,052,600 shares. Based on an average daily volume of 141,800 shares, the days-to-cover ratio is currently 37.6 days.

BrainChip Stock Performance

Shares of BRCHF stock opened at 0.17 on Tuesday. BrainChip has a fifty-two week low of 0.10 and a fifty-two week high of 0.36. The stock’s fifty day moving average is 0.17 and its two-hundred day moving average 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.