Helport AI Limited (NASDAQ:HPAI) Sees Significant Drop in Short Interest

Helport AI Limited (NASDAQ:HPAI) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 104,922 shares, a drop of 68.0% from the September 15th total of 327,955 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 289,741 shares, the days-to-cover ratio is currently 0.4 days.

Helport AI Stock Up 0.4%

NASDAQ:HPAI traded up $0.00 during midday trading on Monday, hitting $0.31. The company had a trading volume of 58,613 shares, compared to its average volume of 619,433. Helport AI has a 52-week low of $0.25 and a 52-week high of $4.57. The stock’s fifty day moving average price is $0.38 and its 200-day moving average price is $0.82.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Helport AI in a research report on Friday, July 24th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Helport AI currently has a consensus rating of “Sell”.

About Helport AI

Helport AI Limited (NASDAQ: HPAI) is a technology company focused on artificial intelligence-enabled customer experience solutions. The company combines AI software with human customer service operations to help businesses manage customer interactions, improve service quality and enhance operational efficiency.

Its offerings are centered on the Helport AI platform, which is designed to support customer service workflows through tools such as automation, agent assistance, customer interaction management and data-driven performance analysis.