Short Interest in BrainChip Holdings Ltd (OTCMKTS:BRCHF) Rises By 7.6%

BrainChip Holdings Ltd (OTCMKTS:BRCHF) was the target of a significant growth in short interest during 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 trading volume of 469,700 shares, the short-interest ratio is currently 12.2 days.

BrainChip Price Performance

BrainChip stock traded up $0.06 during trading on Tuesday, reaching $0.28. The company had a trading volume of 763,076 shares, compared to its average volume of 177,329. BrainChip has a 12-month low of $0.10 and a 12-month high of $0.36. The stock’s 50 day moving average price is $0.17 and its two-hundred day moving average price 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.