SAIHEAT Limited (NASDAQ:SAIH) Short Interest Up 62.2% in December

SAIHEAT Limited (NASDAQ:SAIH) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 1,908 shares, a growth of 62.2% from the November 30th total of 1,176 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 19,283 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 19,283 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

SAIHEAT Trading Up 5.8%

SAIH traded up $0.49 on Tuesday, hitting $8.99. 444 shares of the company were exchanged, compared to its average volume of 25,592. SAIHEAT has a fifty-two week low of $3.00 and a fifty-two week high of $15.41. The business’s fifty day moving average is $8.31 and its 200 day moving average is $8.42.

Wall Street Analyst Weigh In

SAIH has been the topic of a number of analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of SAIHEAT in a research report on Wednesday, October 8th. Wall Street Zen raised SAIHEAT to a “hold” rating in a research note on Friday, September 26th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

SAIHEAT Company Profile

SAIHEAT Limited engages in the development of liquid-cooling data centers. It develops technologies for the advanced computing center ecosystem, a center that provides high-performance servers, liquid cooling, and systems for capturing and recycling computing heat. The company was formerly known as SAI.TECH Global Corporation and changed its name to SAIHEAT Limited in August 2024. SAIHEAT Limited was founded in 2019 and is headquartered in Singapore.