Key Highlights

  • SoundHound AI (NASDAQ:SOUN) is listed at USD 4.89, below its 52-week low of USD 5.60 and 77.9% below its high of USD 22.17.
  • Short interest in SoundHound was reported at about 42% of shares outstanding, among the highest for any mid-cap or large-cap stock, and the price of USD 4.89 is below the USD 5.60 52-week low on the screen.
  • Second-quarter results in August beat estimates with an adjusted loss of USD 0.02 per share, while first-quarter revenue had grown 52% to USD 44.2 million.
  • The stock is down about 39% this year, the market value is USD 2.451 billion and integrating LivePerson adds execution risk.

The Latest Verified Updates

No company release dated October 13 was found in company filings and wire releases reviewed, so the most relevant recent updates are summarized here. SoundHound AI, a voice and agentic AI company, has one of the highest short positions in the market, with short interest reported at about 42.27% of shares outstanding, and earlier reports put it near 35.6% of the float. The stock fell 1.71% to USD 4.89, which is below the USD 5.60 52-week low on the screen, and it is down about 39% year to date. In August the company reported second-quarter results that topped estimates, with an adjusted loss of USD 0.02 per share and a GAAP net loss of USD 42.8 million.

Short Interest, Volume and the Data

First-quarter revenue rose 52% to USD 44.2 million, with core automotive and IoT AI business up 88% excluding acquisitions, and initial 2026 revenue guidance was USD 225 million to USD 260 million. Integrating LivePerson adds execution risk and the company remains unprofitable, with a trailing EPS near negative USD 0.62. Volume of 16.882 million shares is about 0.6 times the 27.459 million average, so heavy short positioning shows up in the share count more than in daily turnover. Simple arithmetic puts the prior close near USD 4.98, so the day's move is about USD 0.09 a share. The listed price is below the screen's 52-week low of USD 5.60, which implies a fresh low, and it sits 77.9% below the high of USD 22.17. Volume of 16.882 million shares against a three-month average of 27.459 million is 0.6 times, which is light, below average; in a heavily shorted stock, high volume can reflect short covering or new short selling, so volume alone does not reveal direction.

Risks and What to Watch

A very high short interest can fuel both squeezes and further declines, and the company still needs to show a path to profitability. What to watch next: third-quarter results, LivePerson integration and short interest updates. This is information only and not investment advice.

Where Things Stand

Market conditions frame the day: oil traded above USD 100, the big banks report this week and heavily shorted technology names remain volatile. SoundHound AI (NASDAQ:SOUN) is moving with very high short interest and a drop below the 52-week low. A drop in a heavily shorted stock can reverse quickly, so the balance of evidence favors waiting for confirmation from filings and the next session. Direction remains unknown, and the next catalyst is third-quarter results, LivePerson integration and short interest updates. Check the underlying filings first, verify the latest filings before acting, and treat the figures as a snapshot.