Akili, Inc. ( NASDAQ:AKLI – Get Rating ) was the target of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 303,800 shares, a decline of 23.9% from the May 15th total of 399,400 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 408,500 shares, the days-to-cover ratio is presently 0.7 days. Institutional Trading of Akili Several institutional investors and hedge funds have recently added to or reduced their stakes in the company.

https://www.dailypolitical.com/2023/06/17/akili-inc-nasdaqakli-short-interest-down-23-9-in-may.html

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