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

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

XTI Aerospace Stock Performance

Shares of XTI Aerospace stock traded up $0.17 during trading hours on Thursday, reaching $4.76. The company’s stock had a trading volume of 112,548 shares, compared to its average volume of 1,919,387. The firm has a 50 day moving average price of $9.98 and a 200-day moving average price of $33.34. XTI Aerospace has a one year low of $3.85 and a one year high of $1,997.50. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 0.46.

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.