SAIHEAT Limited (NASDAQ:SAIH) Short Interest Up 15.0% in February

SAIHEAT Limited (NASDAQ:SAIH) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 6,505 shares, an increase of 15.0% from the February 12th total of 5,656 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 1,201 shares, the days-to-cover ratio is presently 5.4 days. Based on an average daily volume of 1,201 shares, the days-to-cover ratio is presently 5.4 days. Currently, 0.4% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of SAIHEAT in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

SAIHEAT Price Performance

Shares of SAIH opened at $8.34 on Tuesday. SAIHEAT has a one year low of $3.00 and a one year high of $15.41. The stock’s fifty day moving average is $7.57 and its 200-day moving average is $8.23.

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.