Helport AI Limited (NASDAQ:HPAI) Short Interest Update

Helport AI Limited (NASDAQ:HPAI) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 300,742 shares, a growth of 318.3% from the April 30th total of 71,898 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average trading volume of 3,957,392 shares, the days-to-cover ratio is presently 0.1 days.

Helport AI Price Performance

Shares of Helport AI stock opened at $1.05 on Friday. Helport AI has a twelve month low of $0.86 and a twelve month high of $5.29. The company’s fifty day moving average is $1.51 and its 200 day moving average is $2.73.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Helport AI in a research note on Monday, April 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Trading of Helport AI

A hedge fund recently bought a new stake in Helport AI stock. Goldman Sachs Group Inc. acquired a new position in Helport AI Limited (NASDAQ:HPAI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,631 shares of the company’s stock, valued at approximately $63,000. Institutional investors own 62.44% of the company’s stock.

About Helport AI

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.