SuperX AI Technology Limited (NASDAQ:SUPX – Get Free Report) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 198,392 shares, a decrease of 46.4% from the April 30th total of 370,242 shares. Based on an average daily trading volume, of 266,711 shares, the short-interest ratio is presently 0.7 days. Currently, 0.7% of the company’s shares are short sold.
Institutional Investors Weigh In On SuperX AI Technology
Several large investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio bought a new position in SuperX AI Technology in the 4th quarter worth about $33,000. Barclays PLC bought a new stake in shares of SuperX AI Technology during the fourth quarter valued at approximately $41,000. Aristides Capital LLC purchased a new stake in shares of SuperX AI Technology in the fourth quarter valued at approximately $167,000. California State Teachers Retirement System bought a new position in SuperX AI Technology in the fourth quarter worth approximately $168,000. Finally, XTX Topco Ltd bought a new position in SuperX AI Technology in the fourth quarter worth approximately $252,000.
Wall Street Analysts Forecast Growth
Several research firms have commented on SUPX. Wall Street Zen lowered shares of SuperX AI Technology from a “hold” rating to a “sell” rating in a research note on Sunday, March 15th. Weiss Ratings restated a “sell (e+)” rating on shares of SuperX AI Technology in a report on Friday, May 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.
SuperX AI Technology Stock Up 7.6%
Shares of NASDAQ:SUPX traded up $0.72 on Monday, hitting $10.20. 15,408 shares of the company’s stock were exchanged, compared to its average volume of 341,609. SuperX AI Technology has a 12 month low of $6.61 and a 12 month high of $76.50. The business’s 50 day simple moving average is $8.84 and its two-hundred day simple moving average is $15.28.
About SuperX AI Technology
Supertex, Inc is a producer of high voltage analog and mixed signal semiconductor components. The Company designs, develops, manufactures, and markets integrated circuits (ICs), utilizing high voltage DMOS, HVCMOS and HVBiCMOS analog and mixed signal technologies. These ICs are used in the medical ultrasound imaging, light emitting diodes (LED) backlighting for monitors and liquid-crystal display (LCD) television (TVs), LED general lighting, telecommunications, printer, flat panel display, industrial and consumer product industries.
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