Short Interest in BrainChip Holdings Ltd (OTCMKTS:BRCHF) Decreases By 85.8%

BrainChip Holdings Ltd (OTCMKTS:BRCHF) saw a significant decline in short interest in February. As of February 15th, there was short interest totalling 201,600 shares, a decline of 85.8% from the January 31st total of 1,415,600 shares. Based on an average daily volume of 295,000 shares, the days-to-cover ratio is presently 0.7 days.

BrainChip Trading Down 7.9 %

Shares of OTCMKTS:BRCHF traded down $0.02 during midday trading on Thursday, hitting $0.18. 79,046 shares of the stock were exchanged, compared to its average volume of 272,988. BrainChip has a twelve month low of $0.10 and a twelve month high of $0.30. The company has a 50 day moving average price of $0.21 and a 200-day moving average price of $0.17.

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.