MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) Sees Significant Growth in Short Interest

MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 236,894 shares, a growth of 99.2% from the May 31st total of 118,951 shares. Currently, 23.9% of the company’s stock are sold short. Based on an average trading volume of 1,318,637 shares, the short-interest ratio is presently 0.2 days.

MultiSensor AI Trading Up 3.0%

NASDAQ:MSAI traded up $0.16 during trading hours on Wednesday, reaching $5.37. The company had a trading volume of 8,173 shares, compared to its average volume of 166,024. The firm has a market cap of $10.83 million, a price-to-earnings ratio of -0.64 and a beta of -0.26. The firm’s 50 day moving average price is $5.73 and its 200-day moving average price is $9.91. MultiSensor AI has a 52 week low of $4.40 and a 52 week high of $96.00.

MultiSensor AI (NASDAQ:MSAI) last released its quarterly earnings results on Wednesday, May 13th. The company reported ($1.23) earnings per share for the quarter, beating the consensus estimate of ($1.60) by $0.37. MultiSensor AI had a negative return on equity of 48.87% and a negative net margin of 162.60%.The firm had revenue of $1.61 million for the quarter, compared to analysts’ expectations of $1.70 million. On average, analysts forecast that MultiSensor AI will post -4 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on MSAI. Weiss Ratings reiterated a “sell (e+)” rating on shares of MultiSensor AI in a research note on Wednesday, June 24th. Wall Street Zen raised MultiSensor AI to a “hold” rating in a research report on Saturday, April 18th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $120.00.

Institutional Investors Weigh In On MultiSensor AI

A number of large investors have recently made changes to their positions in MSAI. Susquehanna International Group LLP purchased a new stake in shares of MultiSensor AI during the 3rd quarter valued at about $38,000. Jane Street Group LLC purchased a new position in shares of MultiSensor AI in the fourth quarter worth approximately $58,000. Ghisallo Capital Management LLC bought a new stake in MultiSensor AI during the fourth quarter valued at approximately $72,000. Geode Capital Management LLC grew its position in MultiSensor AI by 44.6% during the fourth 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 during the period. Finally, Hudson Bay Capital Management LP purchased a new stake in MultiSensor AI during the fourth quarter valued at approximately $352,000. 82.32% of the stock is currently owned by institutional investors.

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.