AI Infrastructure Acquisition Corp. (NYSE:AIIA) Short Interest Update

AI Infrastructure Acquisition Corp. (NYSE:AIIA) saw a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 677 shares, a decrease of 90.7% from the May 14th total of 7,275 shares. Based on an average daily volume of 30,948 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

AI Infrastructure Acquisition Stock Performance

Shares of AIIA traded up $0.01 during midday trading on Tuesday, reaching $10.15. 8,393 shares of the company were exchanged, compared to its average volume of 20,770. AI Infrastructure Acquisition has a 1-year low of $9.85 and a 1-year high of $10.24.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sona Asset Management US LLC acquired a new position in shares of AI Infrastructure Acquisition during the first quarter worth about $1,543,000. Berkley W R Corp grew its stake in shares of AI Infrastructure Acquisition by 63.6% during the first quarter. Berkley W R Corp now owns 330,294 shares of the company’s stock valued at $3,313,000 after acquiring an additional 128,425 shares in the last quarter. Finally, PNC Financial Services Group Inc. acquired a new stake in shares of AI Infrastructure Acquisition during the first quarter valued at about $1,504,000.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded AI Infrastructure Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, May 13th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, AI Infrastructure Acquisition presently has an average rating of “Sell”.

AI Infrastructure Acquisition Company Profile

AI Infrastructure Acquisition Corp is a blank check company.