SoundHound AI (NASDAQ:SOUN) climbs 31% after Q2 results spark attention on H2 revenue

U.S. markets did not open over the weekend. SoundHound shares posted back-to-back double-digit increases following Wednesday’s earnings. Volume on Friday was more than double the stock’s typical trading activity.

SoundHound AI Stock’s $1.08 Billion Short Bet Just Grew — and CPI Week Is Next

SoundHound AI Stock’s $1.08 Billion Short Bet Just Grew — and CPI Week Is Next

SoundHound AI, Inc. enters the new week with 162.9 million shares sold short as of June 30, or 41.3% of its public float, the shares available for trading. Short interest — stock sold by investors betting on a fall and not yet bought back — rose 1.2% from the prior report, MarketBeat data published Friday showed. Its 6.5 “days to cover” means closing those positions would take an estimated 6.5 average-volume sessions.
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