Business

Artificial Intelligence Technology Solutions Inc. Experiences Surge in Short Interest

Published November 29, 2023

In a notable turn of events, Artificial Intelligence Technology Solutions Inc. (OTCMKTS:AITX) witnessed a substantial increase in short interest during November. Reports indicate that as of November 15th, short interest in the company reached 1,693,200 shares, marking a dramatic rise of 2,145.6% compared to the short interest of 75,400 shares recorded on October 31st. This growth in short interest occurred despite an average trading volume of 86,585,400 shares, resulting in a short-interest ratio of essentially 0.0 days.

Tracking the Stock Performance

The company's stock commenced trading at $0.00 on the recent Wednesday. Over the past 52 weeks, Artificial Intelligence Technology Solutions has experienced a low and high of $0.00 and $0.01, respectively.

Overview of the Company

Artificial Intelligence Technology Solutions Inc. is committed to innovating in the field of artificial intelligence and robotics. Their focus extends to solutions tailored for a variety of applications including operation, security, and monitoring functionalities. They boast a suite of both front-end and back-end software products. Among their specialized offerings are RIO, a solar-energy trailer; ROSA-P; RADDOG; ROSS, a sophisticated video management system; and ROAMEO, an unmanned ground vehicle designed for advanced monitoring tasks.

AI, growth, shortinterest