Short Interest in XTI Aerospace, Inc. (NASDAQ:XTIA) Expands By 290.5%

XTI Aerospace, Inc. (NASDAQ:XTIA) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 395,600 shares, an increase of 290.5% from the December 31st total of 101,300 shares. Currently, 26.6% of the shares of the stock are sold short. Based on an average trading volume of 865,600 shares, the short-interest ratio is presently 0.5 days.

XTI Aerospace Trading Up 3.6 %

Shares of NASDAQ:XTIA traded up $0.17 during trading on Thursday, reaching $4.76. 112,548 shares of the company’s stock traded hands, compared to its average volume of 1,919,387. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.46 and a quick ratio of 0.34. XTI Aerospace has a fifty-two week low of $3.85 and a fifty-two week high of $1,997.50. The company has a 50-day simple moving average of $9.98 and a 200-day simple moving average of $33.34.

About XTI Aerospace

XTI Aerospace, Inc engages in the provision of aircraft manufacturing. It primarily focuses on the light and mid-size business aircraft market. The company was founded in April 1999 and is headquartered in Englewood, CO.