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

MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) was the recipient of a large 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. Approximately 23.9% of the company’s shares are short sold. Based on an average daily volume of 1,318,637 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP purchased a new stake in shares of MultiSensor AI in the third quarter worth $38,000. Jane Street Group LLC bought a new position in MultiSensor AI in the 4th quarter worth about $58,000. Ghisallo Capital Management LLC purchased a new stake in MultiSensor AI during the 4th quarter valued at about $72,000. Geode Capital Management LLC increased its stake 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 purchasing an additional 124,413 shares in the last quarter. Finally, Hudson Bay Capital Management LP purchased a new position in MultiSensor AI in the fourth quarter worth about $352,000. Institutional investors own 82.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on MSAI. Wall Street Zen raised shares of MultiSensor AI to a “hold” rating in a research note on Saturday, April 18th. Weiss Ratings reiterated a “sell (e+)” rating on shares of MultiSensor AI in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $120.00.

MultiSensor AI Stock Up 3.0%

Shares of NASDAQ:MSAI traded up $0.16 during midday trading on Wednesday, reaching $5.37. The company’s stock had a trading volume of 8,173 shares, compared to its average volume of 166,024. The firm has a 50 day moving average of $5.73 and a 200-day moving average of $9.91. The firm has a market capitalization of $10.83 million, a P/E ratio of -0.64 and a beta of -0.26. MultiSensor AI has a 12-month low of $4.40 and a 12-month high of $96.00.

MultiSensor AI (NASDAQ:MSAI) last posted its quarterly earnings data on Wednesday, May 13th. The company reported ($1.23) EPS for the quarter, topping the consensus estimate of ($1.60) by $0.37. MultiSensor AI had a negative net margin of 162.60% and a negative return on equity of 48.87%. The business had revenue of $1.61 million for the quarter, compared to analyst estimates of $1.70 million. On average, research analysts predict that MultiSensor AI will post -4 EPS for the current year.

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.