Helport AI Limited (NASDAQ:HPAI) Stock Short Interest Drops 76.2%

Helport AI Limited (NASDAQ:HPAI) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 24,945 shares, a decline of 76.2% from the September 30th total of 104,922 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 137,124 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Helport AI in a research report on Thursday, October 22nd. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Helport AI presently has a consensus rating of “Sell”.

Helport AI Trading Down 3.9%

Shares of NASDAQ:HPAI traded down $0.01 during midday trading on Thursday, reaching $0.25. 32,692 shares of the company were exchanged, compared to its average volume of 116,975. Helport AI has a fifty-two week low of $0.25 and a fifty-two week high of $4.57. The stock has a fifty day simple moving average of $0.34 and a two-hundred day simple moving average of $1.34.

Helport AI Company Profile

Helport AI Limited (NASDAQ: HPAI) is a technology company that develops artificial intelligence solutions for customer experience and customer service operations. Its platform is designed to help businesses manage customer interactions, support service agents and improve the efficiency and consistency of contact-center workflows.

The company combines AI software with customer-service capabilities, including tools intended to assist with customer inquiries, agent training, quality assurance and operational management.