Short Interest in Helport AI Limited (NASDAQ:HPAI) Decreases By 15.6%

Helport AI Limited (NASDAQ:HPAI) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 22,127 shares, a decline of 15.6% from the January 15th total of 26,212 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 6,514 shares, the short-interest ratio is currently 3.4 days. Based on an average daily trading volume, of 6,514 shares, the short-interest ratio is currently 3.4 days. Approximately 0.1% of the company’s shares are sold short.

Helport AI Stock Up 4.3%

HPAI stock traded up $0.13 on Wednesday, reaching $3.03. The company’s stock had a trading volume of 1,369 shares, compared to its average volume of 6,261. The business has a fifty day simple moving average of $3.63 and a two-hundred day simple moving average of $3.58. Helport AI has a 12-month low of $2.40 and a 12-month high of $8.40. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.24 and a current ratio of 1.24.

Hedge Funds Weigh In On Helport AI

An institutional investor recently bought a new position in Helport AI stock. Goldman Sachs Group Inc. acquired a new position in Helport AI Limited (NASDAQ:HPAI) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,631 shares of the company’s stock, valued at approximately $63,000. Hedge funds and other institutional investors own 62.44% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Helport AI in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

About Helport AI

Helport AI Ltd. engages in the development of intelligent products, solutions, and a digital platform for customer contact centers. The firm offers AI Assist, a software that provides tailored AI-powered guidance and oversight for contact center interactions and customer experience, with functions including agent assistant, quality assurance (QA) assistant, supervisor assistant, and knowledge base assistant. It also operates Helphub Crowdsourcing Platform, an AI integrated contact center business process outsourcing (BPO) platform that serves both companies providing and seeking BPO services.