Helport AI Limited (NASDAQ:HPAI) Sees Significant Growth in Short Interest

Helport AI Limited (NASDAQ:HPAI) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 300,742 shares, an increase of 318.3% from the April 30th total of 71,898 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average trading volume of 3,957,392 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Helport AI in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Helport AI stock. Goldman Sachs Group Inc. bought a new stake in shares of Helport AI Limited (NASDAQ:HPAI) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 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 Up 2.0%

HPAI opened at $0.90 on Friday. Helport AI has a 12 month low of $0.86 and a 12 month high of $5.29. The stock has a 50-day moving average of $1.54 and a 200 day moving average of $2.74.

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.