Short Interest in Helport AI Limited (NASDAQ:HPAI) Drops By 15.6%

Helport AI Limited (NASDAQ:HPAI) saw a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 22,127 shares, a decrease of 15.6% from the January 15th total of 26,212 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 6,514 shares, the days-to-cover ratio is presently 3.4 days. Based on an average daily trading volume, of 6,514 shares, the days-to-cover ratio is presently 3.4 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Helport AI

An institutional investor recently bought a new position in Helport AI stock. Goldman Sachs Group Inc. acquired a new position in shares of Helport AI Limited (NASDAQ:HPAI) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10,631 shares of the company’s stock, valued at approximately $63,000. Hedge funds and other institutional investors own 62.44% of the company’s stock.

Helport AI Trading Down 0.2%

Shares of NASDAQ HPAI opened at $3.11 on Monday. Helport AI has a fifty-two week low of $2.40 and a fifty-two week high of $8.40. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.24 and a current ratio of 1.24. The business has a 50-day moving average of $3.67 and a 200-day moving average of $3.60.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Helport AI in a report on Wednesday, January 28th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Helport AI Company Profile

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.