Short Interest in SAIHEAT Limited (NASDAQ:SAIHW) Drops By 34.8%

SAIHEAT Limited (NASDAQ:SAIHW) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 4,553 shares, a decrease of 34.8% from the December 15th total of 6,981 shares. Based on an average trading volume of 1,888 shares, the short-interest ratio is currently 2.4 days. Based on an average trading volume of 1,888 shares, the short-interest ratio is currently 2.4 days.

SAIHEAT Price Performance

SAIHEAT stock traded down $0.00 during midday trading on Friday, reaching $0.03. The company’s stock had a trading volume of 700 shares, compared to its average volume of 10,850. SAIHEAT has a fifty-two week low of $0.02 and a fifty-two week high of $0.45. The stock’s 50 day simple moving average is $0.07 and its 200 day simple moving average is $0.14.

About SAIHEAT

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.