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

MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) was the target of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 511,949 shares, a decline of 22.6% from the February 26th total of 661,291 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 1,351,697 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of MultiSensor AI

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Susquehanna International Group LLP bought a new stake in shares of MultiSensor AI during the third quarter valued at approximately $38,000. Geode Capital Management LLC grew its stake in MultiSensor AI by 44.6% during the fourth quarter. Geode Capital Management LLC now owns 403,492 shares of the company’s stock valued at $116,000 after acquiring an additional 124,413 shares in the last quarter. Jane Street Group LLC purchased a new position in MultiSensor AI during the fourth quarter valued at $58,000. Ghisallo Capital Management LLC bought a new stake in MultiSensor AI in the 4th quarter valued at $72,000. Finally, Sanders Morris Harris LLC lifted its stake in MultiSensor AI by 8.9% in the 3rd quarter. Sanders Morris Harris LLC now owns 3,238,786 shares of the company’s stock worth $2,089,000 after purchasing an additional 265,130 shares in the last quarter. Hedge funds and other institutional investors own 82.32% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on MSAI shares. Weiss Ratings reissued a “sell (e+)” rating on shares of MultiSensor AI in a research report on Friday. Zacks Research upgraded MultiSensor AI to a “hold” rating in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $3.00.

MultiSensor AI Price Performance

Shares of NASDAQ:MSAI traded down $0.01 during trading on Monday, hitting $0.21. The company’s stock had a trading volume of 876,464 shares, compared to its average volume of 1,356,191. The firm has a market cap of $16.53 million, a price-to-earnings ratio of -0.64 and a beta of -0.12. The company has a 50-day moving average of $0.29 and a 200-day moving average of $0.53. MultiSensor AI has a 12 month low of $0.20 and a 12 month high of $2.40.

MultiSensor AI (NASDAQ:MSAI) last announced its earnings results on Thursday, March 19th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.07. The business had revenue of $1.39 million during the quarter, compared to analysts’ expectations of $1.90 million. MultiSensor AI had a negative net margin of 211.01% and a negative return on equity of 74.39%. As a group, research analysts anticipate that MultiSensor AI will post -0.83 earnings per share for the current year.

MultiSensor AI Company Profile

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.