Short Interest in SAIHEAT Limited (NASDAQ:SAIHW) Grows By 51.1%

SAIHEAT Limited (NASDAQ:SAIHW) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 8,937 shares, an increase of 51.1% from the July 15th total of 5,916 shares. Based on an average daily volume of 15,036 shares, the days-to-cover ratio is currently 0.6 days.

SAIHEAT Price Performance

Shares of NASDAQ SAIHW remained flat at $0.04 during trading on Tuesday. 1,006 shares of the stock traded hands, compared to its average volume of 11,978. The stock has a 50-day moving average of $0.04 and a 200-day moving average of $0.03. SAIHEAT has a one year low of $0.02 and a one year high of $0.37.

About SAIHEAT

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.