MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) Sees Significant Decrease in Short Interest

MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totaling 1,409,479 shares, a drop of 57.5% from the December 31st total of 3,314,892 shares. Based on an average trading volume of 2,737,236 shares, the days-to-cover ratio is currently 0.5 days. Approximately 2.9% of the company’s stock are short sold. Approximately 2.9% of the company’s stock are short sold. Based on an average trading volume of 2,737,236 shares, the days-to-cover ratio is currently 0.5 days.

Analysts Set New Price Targets

Several brokerages recently commented on MSAI. D Boral Capital raised shares of MultiSensor AI to a “strong-buy” rating in a research report on Friday, October 17th. D. Boral Capital reiterated a “buy” rating and issued a $3.00 target price on shares of MultiSensor AI in a research note on Friday, October 17th. Weiss Ratings reissued a “sell (e+)” rating on shares of MultiSensor AI in a research report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of MultiSensor AI to a “hold” rating in a report on Saturday, November 22nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $3.00.

Hedge Funds Weigh In On MultiSensor AI

A hedge fund recently raised its stake in MultiSensor AI stock. Sanders Morris Harris LLC boosted its holdings in shares of MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) by 7.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,973,656 shares of the company’s stock after buying an additional 200,931 shares during the quarter. MultiSensor AI makes up about 0.4% of Sanders Morris Harris LLC’s investment portfolio, making the stock its 23rd largest holding. Sanders Morris Harris LLC owned approximately 8.89% of MultiSensor AI worth $1,778,000 as of its most recent SEC filing. 82.32% of the stock is currently owned by institutional investors and hedge funds.

MultiSensor AI Stock Performance

Shares of NASDAQ MSAI traded down $0.01 during midday trading on Friday, hitting $0.29. 844,448 shares of the stock traded hands, compared to its average volume of 2,653,219. The firm has a market capitalization of $15.28 million, a P/E ratio of -1.00 and a beta of -0.12. MultiSensor AI has a one year low of $0.25 and a one year high of $2.40. The firm has a 50-day moving average of $0.43 and a two-hundred day moving average of $0.67.

MultiSensor AI (NASDAQ:MSAI) last posted its quarterly earnings data on Thursday, November 13th. The company reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.04. MultiSensor AI had a negative return on equity of 114.91% and a negative net margin of 223.26%.The company had revenue of $1.57 million during the quarter, compared to analysts’ expectations of $1.65 million. Equities analysts forecast that MultiSensor AI will post -0.83 earnings per share for the current fiscal year.

About MultiSensor AI

MultiSensor AI, Inc (NASDAQ: MSAI) is a United States–based technology company that develops advanced biometric and sensor fusion solutions. The company leverages artificial intelligence to integrate multiple sensing modalities, delivering enhanced authentication and security capabilities for applications where reliable identity verification is essential.

Its product portfolio includes modular fingerprint and multi-sensor platforms paired with proprietary AI-driven algorithms designed to provide secure, accurate user authentication.