SAIHEAT Limited (NASDAQ:SAIH) Short Interest Update

SAIHEAT Limited (NASDAQ:SAIH) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 1,908 shares, a growth of 62.2% from the November 30th total of 1,176 shares. Based on an average daily volume of 19,283 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 19,283 shares, the days-to-cover ratio is currently 0.1 days.

SAIHEAT Price Performance

Shares of NASDAQ:SAIH opened at $9.39 on Friday. SAIHEAT has a 1 year low of $3.00 and a 1 year high of $15.41. The company’s 50 day simple moving average is $8.32 and its 200 day simple moving average is $8.40.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SAIH. Wall Street Zen upgraded SAIHEAT to a “hold” rating in a research note on Friday, September 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of SAIHEAT in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, SAIHEAT currently has an average 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.