Huachen AI Parking Management Technology Holding Co., Ltd (NASDAQ:HCAI) Short Interest Up 72.6% in June

Huachen AI Parking Management Technology Holding Co., Ltd (NASDAQ:HCAI) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 13,537 shares, an increase of 72.6% from the May 31st total of 7,841 shares. Based on an average daily volume of 210,288 shares, the short-interest ratio is presently 0.1 days. Approximately 1.2% of the shares of the stock are short sold.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Wall Street Zen upgraded Huachen AI Parking Management Technology to a “hold” rating in a research note on Saturday, May 23rd. Weiss Ratings downgraded shares of Huachen AI Parking Management Technology from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, May 26th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Huachen AI Parking Management Technology has a consensus rating of “Sell”.

Huachen AI Parking Management Technology Stock Performance

NASDAQ HCAI traded up $0.09 during trading on Thursday, hitting $8.71. 17,458 shares of the stock traded hands, compared to its average volume of 758,807. The firm has a 50-day simple moving average of $8.89 and a 200-day simple moving average of $8.06. Huachen AI Parking Management Technology has a 12-month low of $3.96 and a 12-month high of $28.80.

Huachen AI Parking Management Technology (NASDAQ:HCAI) last released its quarterly earnings data on Wednesday, May 13th. The company reported ($19.86) earnings per share (EPS) for the quarter. The business had revenue of ($0.79) million during the quarter.

About Huachen AI Parking Management Technology

Huachen AI Parking Management Technology is a China-based technology company specializing in intelligent parking solutions that leverage artificial intelligence, machine vision and the Internet of Things (IoT). The company’s core offering integrates real-time data collection with advanced analytics to automate the detection, guidance and enforcement of parking spaces in both urban and commercial settings. By combining AI-driven video analytics with sensor networks, Huachen AI delivers enhanced operational efficiency and accurate occupancy monitoring for parking lot operators and end users.

The company’s product suite includes license plate recognition cameras, smart parking sensors, automated payment kiosks and a cloud-based management platform.