XTI Aerospace, Inc. (NASDAQ:XTIA) Short Interest Down 98.8% in January

XTI Aerospace, Inc. (NASDAQ:XTIA) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 101,300 shares, a drop of 98.8% from the December 31st total of 8,170,000 shares. Based on an average trading volume of 725,500 shares, the short-interest ratio is presently 0.1 days. Currently, 10.7% of the company’s shares are sold short.

XTI Aerospace Price Performance

Shares of XTI Aerospace stock opened at $4.59 on Thursday. XTI Aerospace has a 12 month low of $3.85 and a 12 month high of $1,997.50. The business has a fifty day simple moving average of $10.12 and a 200 day simple moving average of $33.54. The company has a quick ratio of 0.34, a current ratio of 0.46 and a debt-to-equity ratio of 0.35.

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.