AI Infrastructure Acquisition Corp. (NYSE:AIIA – Get Free Report) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 677 shares, a drop of 90.7% from the May 14th total of 7,275 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 30,948 shares, the short-interest ratio is currently 0.0 days.
AI Infrastructure Acquisition Stock Up 0.0%
Shares of AIIA stock traded up $0.01 during trading hours on Tuesday, hitting $10.15. 8,393 shares of the company were exchanged, compared to its average volume of 20,770. AI Infrastructure Acquisition has a one year low of $9.85 and a one year high of $10.24.
Analyst Ratings Changes
Separately, Weiss Ratings upgraded AI Infrastructure Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, AI Infrastructure Acquisition has a consensus rating of “Sell”.
Hedge Funds Weigh In On AI Infrastructure Acquisition
Large investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. bought a new position in shares of AI Infrastructure Acquisition during the first quarter worth about $1,504,000. Berkley W R Corp lifted its holdings in AI Infrastructure Acquisition by 63.6% in the first quarter. Berkley W R Corp now owns 330,294 shares of the company’s stock worth $3,313,000 after acquiring an additional 128,425 shares during the last quarter. Finally, Sona Asset Management US LLC bought a new position in AI Infrastructure Acquisition in the first quarter worth about $1,543,000.
AI Infrastructure Acquisition Company Profile
AI Infrastructure Acquisition Corp is a blank check company.
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