Short Interest in SAIHEAT Limited (NASDAQ:SAIHW) Increases By 124.6%

SAIHEAT Limited (NASDAQ:SAIHW) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,962 shares, an increase of 124.6% from the April 30th total of 2,654 shares. Based on an average trading volume of 1,282 shares, the days-to-cover ratio is currently 4.7 days.

SAIHEAT Trading Down 1.9%

NASDAQ:SAIHW traded down $0.00 during trading hours on Friday, reaching $0.03. 31,500 shares of the stock were exchanged, compared to its average volume of 11,710. SAIHEAT has a twelve month low of $0.02 and a twelve month high of $0.45. The firm has a 50 day moving average of $0.03 and a 200 day moving average of $0.04.

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.