Short Interest in Helport AI Limited (NASDAQ:HPAI) Rises By 140.3%
by Amy Steele · The Cerbat GemHelport AI Limited (NASDAQ:HPAI – Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 65,680 shares, a growth of 140.3% from the March 31st total of 27,333 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 336,373 shares, the short-interest ratio is currently 0.2 days.
Hedge Funds Weigh In On Helport AI
An institutional investor recently bought a new position in Helport AI stock. Goldman Sachs Group Inc. bought a new stake in Helport AI Limited (NASDAQ:HPAI – Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,631 shares of the company’s stock, valued at approximately $63,000. 62.44% of the stock is owned by hedge funds and other institutional investors.
Helport AI Stock Up 3.9%
Shares of Helport AI stock traded up $0.06 during trading on Friday, hitting $1.60. 2,404 shares of the stock were exchanged, compared to its average volume of 184,515. The stock’s fifty day moving average is $2.29 and its 200 day moving average is $3.03. Helport AI has a 12 month low of $1.34 and a 12 month high of $6.77.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a “sell (d)” rating on shares of Helport AI in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.
Check Out Our Latest Stock Report on HPAI
Helport AI Company Profile
Helport AI Ltd. engages in the development of intelligent products, solutions, and a digital platform for customer contact centers. The firm offers AI Assist, a software that provides tailored AI-powered guidance and oversight for contact center interactions and customer experience, with functions including agent assistant, quality assurance (QA) assistant, supervisor assistant, and knowledge base assistant. It also operates Helphub Crowdsourcing Platform, an AI integrated contact center business process outsourcing (BPO) platform that serves both companies providing and seeking BPO services.