Update: Our Micro/Small-Cap AI Stocks Portfolio Was Down 5% Last Week

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Introduction

This portfolio has been reconstituted down from 10 stocks to 9 - Verses AI (VRSSF) dropped below the minimum portfolio market capitalization criteria of $100M. Below are how the 9 largest (between $100M and $2B in market capitalization) micro/small cap AI stocks performed week ending Sept. 20th, in descending order, and MTD, and their market caps and the extent of their short interest which, simply put, is a measure of how many investors are betting that a stock’s price will fall.

Our Micro/Small Cap AI Stocks Portfolio

1. Evolv Technologies (EVLV): up 12.0% w/e Sept. 20th; up 13.5% MTD 
   • EVLV screens people for threats without sacrificing the visitor experience.
   • Market Capitalization: $704M
   • Short Interest: up to 9.0% from 8.6% 
   • Latest News: 
     • Evolv Technologies Holdings: A Bullish Thesis
2. SoundHound AI (SOUN): up 2.5% w/e Sept. 20th; up 1.6% MTD
   • SOUN offers voice AI solutions that let businesses offer conversational experiences to their customer in 25 different languages.
   • Market Capitalization: $1,780M
   • Short Interest: up to 24.7% from 23.8% 
3. BigBear.ai (BBAI): No Change w/e Sept. 20th; down 0.6% MTD
   • provides AI and machine learning to assist customers in aggregating, interpreting, and synthesizing data to enable real-time decision-making capabilities.
   • Market Capitalization: $395M
   • Short Interest: up to 9.2% from 8.4% 
4. Rekor Systems (REKR); down 0.8% w/e Sept. 20th; down 3.2% MTD
   • REKR leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility.
   • Market Capitalization: $107M
   • Short Interest: down to 17.5% from 19.0%
5. Digimarc Corporation (DMRC): down 5.0% w/e Sept. 20th; down 2.0% MTD
   • DMRC software provides digital identifiers designed to address counterfeiting, product authenticity, recycling accuracy, and supply chain traceability.
   • Market Capitalization: $601M
   • Short Interest: down to 9.1% from 9.2% 
6. Applied Optoelectronics (AAOI): down 5.3% w/e Sept. 20th; down 21.9% MTD
   • AAOI provides fiber-optic access network products for the cable broadband, internet data center, telecom, and fiber-to-the-home markets.
   • Market Capitalization: $586M
   • Short Interest: up to 27.4% from 25.4% 
7. Rigetti Computing: (RGTI): down 7.1% w/e Sept. 20th; down 14.1% MTD
   • RGTI builds quantum computers and the superconducting quantum processors.
   • Market Capitalization: $152M
   • Short Interest: down to 13.6% from 15.1% 
8. D-Wave Quantum (QBTS): down 7.9% w/e Sept. 20th; down 7.9% MTD
   • develops and delivers quantum computing systems, software, and services worldwide.
   • Market Capitalization: $187M
   • Short Interest: down to 8.9% from 10.9% 
9. Innodata (INOD): down 11.1% w/e Sept. 20th; down 19.3% MTD 
   • INOD provides AI-enabled software platforms and managed services for AI data annotation, AI digital transformation, and industry-specific business processes.
   • Market Capitalization: $404M
   • Short Interest: up to 12.5% from 11.2% 

Summary

Our Micro/Small Cap AI Stocks Portfolio, with an average market capitalization of $546M, was down 4.8% w/e Sept. 20th and is now down 1.5% MTD and down 7.9% YTD. 

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