Short Interest in SAIHEAT Limited (NASDAQ:SAIHW) Declines By 34.8%

SAIHEAT Limited (NASDAQ:SAIHW) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 4,553 shares, a drop of 34.8% from the December 15th total of 6,981 shares. Based on an average daily trading volume, of 1,888 shares, the days-to-cover ratio is presently 2.4 days. Based on an average daily trading volume, of 1,888 shares, the days-to-cover ratio is presently 2.4 days.

SAIHEAT Stock Down 6.7%

NASDAQ:SAIHW opened at $0.03 on Friday. SAIHEAT has a twelve month low of $0.02 and a twelve month high of $0.45. The business has a 50 day moving average price of $0.07 and a two-hundred day moving average price of $0.14.

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.