Investment

Significant Decline in Short Interest for Artificial Intelligence Technology Solutions Inc.

Published December 30, 2023

In a recent update for December, Artificial Intelligence Technology Solutions Inc., trading under the stock symbol AITX on the OTCMKTS, experienced a drastic decrease in the number of shares sold short. As of December 15th, the short interest for the company stood at 4,100 shares. This figure represents a dramatic decline of 96.0% from the 103,400 shares recorded at the end of November. When compared to the average trading volume of 167,066,500 shares, the current days-to-cover ratio is essentially zero days, indicating an almost negligible level of short interest relative to daily trading volumes.

Artificial Intelligence Technology Solutions Price Performance

The stock of Artificial Intelligence Technology Solutions began trading at $0.00 on the most recent trading day. The company has seen its share price vary over the past year, reaching a low of $0.00 and a peak value of $0.01.

Artificial Intelligence Technology Solutions Company Profile

Artificial Intelligence Technology Solutions Inc. is actively engaged in the provision of AI and robotic services catered to operational, security, and monitoring purposes. Their development efforts include both front-end and back-end software solutions, enhancing a wide array of business processes and security measures. The portfolio of innovative products offered by the company includes RIO—a solar-powered security trailer, ROSA-P, RADDOG, and an advanced video management system known as ROSS, along with ROAMEO, which is an unmanned ground vehicle designed for various applications.

AI, robotics, stocks