Helport AI Limited (NASDAQ:HPAI – Get Free Report) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 200,141 shares, a decline of 33.5% from the May 14th total of 300,742 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 126,659 shares, the days-to-cover ratio is presently 1.6 days.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Helport AI in a research report on Monday, April 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Helport AI presently has an average rating of “Sell”.
Check Out Our Latest Report on HPAI
Hedge Funds Weigh In On Helport AI
Helport AI Stock Performance
Shares of HPAI stock traded down $0.01 on Wednesday, reaching $0.68. 143,375 shares of the stock were exchanged, compared to its average volume of 564,587. The business’s 50 day moving average price is $1.22 and its 200 day moving average price is $2.55. Helport AI has a twelve month low of $0.61 and a twelve month high of $5.22.
About Helport AI
Helport AI Ltd. engages in the development of intelligent products, solutions, and a digital platform for customer contact centers. The firm offers AI Assist, a software that provides tailored AI-powered guidance and oversight for contact center interactions and customer experience, with functions including agent assistant, quality assurance (QA) assistant, supervisor assistant, and knowledge base assistant. It also operates Helphub Crowdsourcing Platform, an AI integrated contact center business process outsourcing (BPO) platform that serves both companies providing and seeking BPO services.
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