SuperX AI Technology Limited (NASDAQ:SUPX) Short Interest Update

SuperX AI Technology Limited (NASDAQ:SUPX) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 198,392 shares, a decrease of 46.4% from the April 30th total of 370,242 shares. Based on an average daily volume of 266,711 shares, the short-interest ratio is currently 0.7 days. Currently, 0.7% of the shares of the stock are short sold.

Hedge Funds Weigh In On SuperX AI Technology

Several institutional investors and hedge funds have recently added to or reduced their stakes in SUPX. Public Employees Retirement System of Ohio bought a new stake in shares of SuperX AI Technology in the fourth quarter worth $33,000. Barclays PLC acquired a new position in SuperX AI Technology during the 4th quarter worth about $41,000. Aristides Capital LLC acquired a new position in SuperX AI Technology during the 4th quarter worth about $167,000. California State Teachers Retirement System bought a new stake in shares of SuperX AI Technology in the 4th quarter valued at about $168,000. Finally, SG Americas Securities LLC grew its position in shares of SuperX AI Technology by 14.9% in the 1st quarter. SG Americas Securities LLC now owns 101,111 shares of the semiconductor company’s stock valued at $809,000 after buying an additional 13,084 shares during the last quarter.

SuperX AI Technology Stock Performance

Shares of NASDAQ:SUPX traded down $0.94 during midday trading on Wednesday, hitting $10.01. 220,635 shares of the stock were exchanged, compared to its average volume of 345,870. The business’s 50-day moving average price is $8.91 and its 200 day moving average price is $14.99. SuperX AI Technology has a 12 month low of $6.61 and a 12 month high of $76.50.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SUPX. Wall Street Zen lowered SuperX AI Technology from a “hold” rating to a “sell” rating in a research note on Sunday, March 15th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SuperX AI Technology in a report on Friday, May 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

About SuperX AI Technology

Supertex, Inc is a producer of high voltage analog and mixed signal semiconductor components. The Company designs, develops, manufactures, and markets integrated circuits (ICs), utilizing high voltage DMOS, HVCMOS and HVBiCMOS analog and mixed signal technologies. These ICs are used in the medical ultrasound imaging, light emitting diodes (LED) backlighting for monitors and liquid-crystal display (LCD) television (TVs), LED general lighting, telecommunications, printer, flat panel display, industrial and consumer product industries.