Short Interest in SoundHound AI, Inc. (NASDAQ:SOUNW) Decreases By 42.6%

SoundHound AI, Inc. (NASDAQ:SOUNW – Get Rating) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 2,700 shares, a decline of 42.6% from the April 30th total of 4,700 shares. Based on an average trading volume of 32,400 shares, the short-interest ratio is currently 0.1 days.

SoundHound AI Trading Up 1.2 %

NASDAQ SOUNW opened at $0.43 on Friday. SoundHound AI has a fifty-two week low of $0.08 and a fifty-two week high of $0.90. The stock has a 50 day simple moving average of $0.35 and a two-hundred day simple moving average of $0.32.

About SoundHound AI

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SoundHound AI, Inc develops independent voice artificial intelligence (AI) platform that enables businesses across industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as automatic speech recognition, natural language understanding, wake words, custom domains, text-to-speech, and embedded voice solutions The company is headquartered in Santa Clara, California.