Xiaomi Co. (OTCMKTS:XIACF) Sees Large Increase in Short Interest

Xiaomi Co. (OTCMKTS:XIACF) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 10,295,800 shares, a growth of 179.6% from the February 13th total of 3,682,400 shares. Based on an average daily trading volume, of 374,400 shares, the short-interest ratio is presently 27.5 days.

Xiaomi Stock Performance

Shares of OTCMKTS:XIACF opened at $6.90 on Friday. Xiaomi has a 52-week low of $1.73 and a 52-week high of $7.53. The stock’s fifty day simple moving average is $5.57 and its 200-day simple moving average is $4.09.

About Xiaomi

Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products.