C3.Ai, Inc. (NYSE:AI) shares are trading higher Tuesday, though the stock remains down nearly 5% over the last month.
What To Know:
C3.Ai shares are trading higher along with the broader market amid a drop in the yields on Tuesday.
Last Tuesday, C3.Ai announced a new partnership with ESG Book, a provider of sustainability data, to provide sustainability teams with data-driven analytical capabilities.
Shares of AI have grabbed the attention of retail investors and short-sellers alike. The stock is currently one of the top trending stocks on WallStreetBets and Stocktwits.
C3.Ai shares also have outsized short interest with 42.75% of available shares being sold short, according to data from Benzinga Pro.
AI shares have a 52-week range of $10.16 to $48.87 and are trading below the stock’s 50-day moving average of $29.99.
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AI Price Action: According to Benzinga Pro, C3.Ai shares are up more than 8% at $26.72 at the time of publication.
Image: Alexandra Koch from Pixabay
