SAIHEAT Limited (NASDAQ:SAIHW) Sees Significant Decrease in Short Interest

SAIHEAT Limited (NASDAQ:SAIHW) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 2,654 shares, a decrease of 41.7% from the January 29th total of 4,553 shares. Based on an average trading volume of 13,153 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 13,153 shares, the days-to-cover ratio is presently 0.2 days.

SAIHEAT Trading Up 9.9%

SAIHEAT stock opened at $0.03 on Friday. SAIHEAT has a fifty-two week low of $0.02 and a fifty-two week high of $0.45. The firm has a 50 day moving average price of $0.03 and a 200 day moving average price of $0.11.

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.