AIXI's short position nearly doubled in a week. The borrow market is now almost fully locked up. This is a micro-cap under serious short pressure.
Short interest in Xiao-I Corporation hit 38.8% of free float as of April 28. That is an all-time high for the stock. The position has risen 95% in a single week and is up 346% over the past month.
To put the scale in context: shorts held under 1 million shares in late March. They now hold over 5.1 million.
The most recent FINRA fortnightly data confirms the pressure. Official short interest stood at 7 million shares as of April 15 settlement — above even the current daily estimate.
Availability has collapsed. The lending pool is now almost entirely lent out, with availability near zero — every share available to borrow has been borrowed.
Cost to borrow stands at 98.1% APR as of April 28. That is up 54% in one week. A month ago, it sat at just 12%. The eightfold increase in borrowing costs over April reflects how aggressively shorts have been building positions into an increasingly tight pool.
The April 8–9 window saw costs spike even higher — reaching 769% APR at the peak. That extreme has since eased, but the trend has reversed sharply upward again this week.
AIXI's ORTEX short score sits at 80.6 out of 100. It has held in the 80–81 range for the past two weeks, a persistently elevated reading. The utilization rank places the stock in the top 2% of all tracked names for borrow demand. The short score rank is at the very top percentile.
Days to cover is just 1.0 — the float turns over quickly. That limits squeeze mechanics unless forced covering accelerates.
The last four earnings events moved the stock sharply. The most recent print on April 24 saw a -36.7% single-day move. The January 9 event produced a -13.1% drop. The next earnings date is pencilled in for September 25.
That gives shorts a long runway — but also means the stock is trading on momentum and positioning alone in the near term.
See the live data behind this article on ORTEX.
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