SAIHEAT Limited (NASDAQ:SAIHW) Short Interest Up 124.6% in May

SAIHEAT Limited (NASDAQ:SAIHW) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 5,962 shares, an increase of 124.6% from the April 30th total of 2,654 shares. Based on an average daily trading volume, of 1,282 shares, the short-interest ratio is currently 4.7 days.

SAIHEAT Price Performance

NASDAQ SAIHW traded down $0.00 on Tuesday, reaching $0.03. The company had a trading volume of 684 shares, compared to its average volume of 11,208. SAIHEAT has a 1-year low of $0.02 and a 1-year high of $0.45. The company’s fifty day moving average is $0.03 and its 200-day moving average is $0.04.

SAIHEAT Company Profile

SAIHEAT Limited engages in the development of liquid-cooling data centers. It develops technologies for the advanced computing center ecosystem, a center that provides high-performance servers, liquid cooling, and systems for capturing and recycling computing heat. The company was formerly known as SAI.TECH Global Corporation and changed its name to SAIHEAT Limited in August 2024. SAIHEAT Limited was founded in 2019 and is headquartered in Singapore.