AIxCrypto Holdings heads into its May 15 earnings print with short sellers actively unwinding positions — a clear shift in the borrow market ahead of the release.
The most striking move is the collapse in short interest. Estimated short positions have fallen nearly 60% over the past month, dropping to around 47,000 shares — just 0.9% of the float. The retreat has been steep and sustained: shorts are down 42% on the week alone. That kind of rapid unwind in a micro-cap with a $27 million market cap suggests short sellers are not eager to carry risk into the event. Borrow costs reflect a market that has eased alongside the covering: the cost to borrow has come down from above 20% in March to roughly 14.8% now. Availability is extremely loose at nearly 2,700% of short interest, meaning shares to borrow are effectively unlimited relative to the short book.
The stock has responded in kind. AIXC has gained 10% over the past month and added another 6% this week, closing at $1.50. The ORTEX short score has also softened, sliding from around 39 in late April to 34.6 — reflecting the reduced positioning pressure. Options data is too stale to draw conclusions. The stock's correlated peers have had a mixed week: BCAB and surged 13% and 16% respectively, while and gave back ground — leaving no clear sector-wide directional signal heading into the print.
The earnings history adds texture. At the March 30 event, the stock jumped 8.7% on the day and extended gains to 19% over the following five sessions. The April 9 print was more muted — up 1.5% on day one, then a 4.5% pullback over the week. The upcoming release is the company's first with the rebranded AIxCrypto identity, making the top-line narrative and any forward guidance on the AI and crypto exposure the real test — not the short book, which has already largely cleared out.
See the live data behind this article on ORTEX.
Open AIXC on ORTEX →ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
