Short Interest in MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) Drops By 57.5%

MultiSensor AI Holdings, Inc. (NASDAQ:MSAIGet Free Report) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 1,409,479 shares, a decline of 57.5% from the December 31st total of 3,314,892 shares. Based on an average daily volume of 2,737,236 shares, the short-interest ratio is currently 0.5 days. Currently, 2.9% of the company’s stock are sold short. Currently, 2.9% of the company’s stock are sold short. Based on an average daily volume of 2,737,236 shares, the short-interest ratio is currently 0.5 days.

MultiSensor AI Stock Performance

NASDAQ MSAI traded down $0.01 during trading hours on Friday, hitting $0.29. 844,448 shares of the company traded hands, compared to its average volume of 2,653,219. The business’s 50-day moving average is $0.43 and its 200-day moving average is $0.67. The stock has a market capitalization of $15.28 million, a price-to-earnings ratio of -1.00 and a beta of -0.12. MultiSensor AI has a twelve month low of $0.25 and a twelve month high of $2.40.

MultiSensor AI (NASDAQ:MSAIGet Free Report) last posted its quarterly earnings results on Thursday, November 13th. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.04. MultiSensor AI had a negative return on equity of 114.91% and a negative net margin of 223.26%.The firm had revenue of $1.57 million for the quarter, compared to analyst estimates of $1.65 million. Analysts predict that MultiSensor AI will post -0.83 EPS for the current year.

Institutional Investors Weigh In On MultiSensor AI

A hedge fund recently raised its stake in MultiSensor AI stock. Sanders Morris Harris LLC boosted its holdings in shares of MultiSensor AI Holdings, Inc. (NASDAQ:MSAIFree Report) by 8.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,238,786 shares of the company’s stock after buying an additional 265,130 shares during the quarter. Sanders Morris Harris LLC owned approximately 9.37% of MultiSensor AI worth $2,089,000 at the end of the most recent reporting period. Institutional investors own 82.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on MSAI. D Boral Capital raised shares of MultiSensor AI to a “strong-buy” rating in a research note on Friday, October 17th. Weiss Ratings reiterated a “sell (e+)” rating on shares of MultiSensor AI in a report on Monday, December 29th. D. Boral Capital restated a “buy” rating and issued a $3.00 price target on shares of MultiSensor AI in a report on Friday, October 17th. Finally, Wall Street Zen upgraded MultiSensor AI to a “hold” rating in a report on Saturday, November 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, MultiSensor AI presently has an average rating of “Moderate Buy” and a consensus price target of $3.00.

Get Our Latest Analysis on MultiSensor AI

MultiSensor AI Company Profile

(Get Free Report)

MultiSensor AI, Inc (NASDAQ: MSAI) is a United States–based technology company that develops advanced biometric and sensor fusion solutions. The company leverages artificial intelligence to integrate multiple sensing modalities, delivering enhanced authentication and security capabilities for applications where reliable identity verification is essential.

Its product portfolio includes modular fingerprint and multi-sensor platforms paired with proprietary AI-driven algorithms designed to provide secure, accurate user authentication.

See Also

Receive News & Ratings for MultiSensor AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MultiSensor AI and related companies with MarketBeat.com's FREE daily email newsletter.