Short Interest in SAIHEAT Limited (NASDAQ:SAIHW) Declines By 34.8%

SAIHEAT Limited (NASDAQ:SAIHW) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 4,553 shares, a decrease of 34.8% from the December 15th total of 6,981 shares. Based on an average daily volume of 1,888 shares, the short-interest ratio is presently 2.4 days. Based on an average daily volume of 1,888 shares, the short-interest ratio is presently 2.4 days.

SAIHEAT Price Performance

Shares of SAIHEAT stock traded down $0.00 during trading on Friday, hitting $0.03. 700 shares of the stock were exchanged, compared to its average volume of 10,850. The firm’s 50-day moving average price is $0.07 and its 200 day moving average price is $0.14. 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.