SAIHEAT Limited (NASDAQ:SAIHW) Sees Significant Increase in Short Interest

SAIHEAT Limited (NASDAQ:SAIHW) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,962 shares, an increase of 124.6% from the April 30th total of 2,654 shares. Based on an average trading volume of 1,282 shares, the short-interest ratio is presently 4.7 days.

SAIHEAT Stock Down 16.7%

SAIHW traded down $0.01 on Monday, hitting $0.03. 31,500 shares of the company traded hands, compared to its average volume of 11,710. The company has a 50 day moving average of $0.03 and a 200-day moving average of $0.04. SAIHEAT has a 12-month low of $0.02 and a 12-month high of $0.45.

About SAIHEAT

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.