SAIHEAT Limited (NASDAQ:SAIH) Short Interest Update

SAIHEAT Limited (NASDAQ:SAIH) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 1,908 shares, a growth of 75.4% from the July 30th total of 1,088 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 14,400 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of SAIHEAT in a research report on Friday, August 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

SAIHEAT Price Performance

Shares of NASDAQ SAIH opened at $23.75 on Monday. The firm has a fifty day moving average price of $16.66 and a 200-day moving average price of $12.06. SAIHEAT has a 1 year low of $5.65 and a 1 year high of $24.70.

SAIHEAT Company Profile

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.