MultiSensor AI Holdings, Inc. (NASDAQ:MSAI – Get Free Report) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 236,894 shares, an increase of 99.2% from the May 31st total of 118,951 shares. Based on an average daily volume of 1,318,637 shares, the short-interest ratio is presently 0.2 days. Currently, 23.9% of the company’s stock are short sold.
Hedge Funds Weigh In On MultiSensor AI
Several large investors have recently made changes to their positions in MSAI. Susquehanna International Group LLP bought a new stake in MultiSensor AI during the 3rd quarter valued at approximately $38,000. Geode Capital Management LLC grew its holdings in MultiSensor AI by 44.6% during the 4th quarter. Geode Capital Management LLC now owns 403,492 shares of the company’s stock valued at $116,000 after buying an additional 124,413 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of MultiSensor AI during the fourth quarter valued at approximately $58,000. Ghisallo Capital Management LLC purchased a new position in shares of MultiSensor AI in the fourth quarter worth $72,000. Finally, Bleichroeder LP boosted its position in shares of MultiSensor AI by 74.6% during the fourth quarter. Bleichroeder LP now owns 1,222,493 shares of the company’s stock worth $352,000 after acquiring an additional 522,493 shares during the last quarter. 82.32% of the stock is currently owned by hedge funds and other institutional investors.
MultiSensor AI Stock Performance
Shares of MultiSensor AI stock traded down $0.24 on Thursday, hitting $5.09. 23,530 shares of the company’s stock were exchanged, compared to its average volume of 164,906. The company has a 50-day simple moving average of $5.70 and a 200-day simple moving average of $9.80. The stock has a market capitalization of $10.28 million, a PE ratio of -0.60 and a beta of -0.25. MultiSensor AI has a 1 year low of $4.40 and a 1 year high of $96.00.
Wall Street Analyst Weigh In
Several research firms have issued reports on MSAI. Wall Street Zen upgraded shares of MultiSensor AI to a “hold” rating in a research note on Saturday, April 18th. Weiss Ratings reissued a “sell (e+)” rating on shares of MultiSensor AI in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, MultiSensor AI presently has an average rating of “Hold” and an average target price of $120.00.
About MultiSensor AI
MultiSensor AI, Inc (NASDAQ: MSAI) is a United States–based technology company that develops advanced biometric and sensor fusion solutions. The company leverages artificial intelligence to integrate multiple sensing modalities, delivering enhanced authentication and security capabilities for applications where reliable identity verification is essential.
Its product portfolio includes modular fingerprint and multi-sensor platforms paired with proprietary AI-driven algorithms designed to provide secure, accurate user authentication.
Featured Articles
- Five stocks we like better than MultiSensor AI
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Receive News & Ratings for MultiSensor AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MultiSensor AI and related companies with MarketBeat.com's FREE daily email newsletter.
