Short Interest in SAIHEAT Limited (NASDAQ:SAIH) Grows By 158.0%

SAIHEAT Limited (NASDAQ:SAIH) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 5,189 shares, an increase of 158.0% from the December 31st total of 2,011 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 7,441 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 7,441 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the company’s shares are short sold.

SAIHEAT Stock Performance

NASDAQ:SAIH traded up $0.04 during trading hours on Friday, hitting $7.09. The company had a trading volume of 10,648 shares, compared to its average volume of 6,560. The stock has a 50-day moving average price of $8.64 and a 200 day moving average price of $8.56. SAIHEAT has a 52 week low of $3.00 and a 52 week high of $15.41.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SAIHEAT in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, 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.