Short Interest in Xiaomi Co. (OTCMKTS:XIACF) Declines By 76.8%

Xiaomi Co. (OTCMKTS:XIACF) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 3,072,900 shares, a drop of 76.8% from the November 30th total of 13,259,500 shares. Based on an average trading volume of 84,400 shares, the short-interest ratio is currently 36.4 days.

Xiaomi Stock Performance

OTCMKTS XIACF traded up $0.17 during trading on Thursday, hitting $4.25. 42,079 shares of the company’s stock traded hands, compared to its average volume of 110,568. The stock has a fifty day moving average of $3.62 and a two-hundred day moving average of $2.81. Xiaomi has a 12-month low of $1.51 and a 12-month high of $4.37.

Xiaomi Company Profile

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.