SAIHEAT Limited (NASDAQ:SAIHW) Short Interest Up 51.1% in July

SAIHEAT Limited (NASDAQ:SAIHW) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 8,937 shares, a growth of 51.1% from the July 15th total of 5,916 shares. Based on an average daily volume of 15,036 shares, the short-interest ratio is presently 0.6 days.

SAIHEAT Stock Performance

Shares of NASDAQ:SAIHW remained flat at $0.04 during trading on Tuesday. The stock had a trading volume of 1,006 shares, compared to its average volume of 11,978. The company has a 50-day moving average price of $0.04 and a 200-day moving average price of $0.03. SAIHEAT has a 1-year low of $0.02 and a 1-year high of $0.37.

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.