Short Interest in Healthcare AI Acquisition Corp. (NASDAQ:HAIA) Declines By 60.2%

Healthcare AI Acquisition Corp. (NASDAQ:HAIA) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 3,300 shares, a decline of 60.2% from the May 31st total of 8,300 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 3.0 days.

Healthcare AI Acquisition Stock Performance

Shares of NASDAQ HAIA remained flat at $11.30 during trading hours on Friday. The company had a trading volume of 12 shares, compared to its average volume of 1,032. Healthcare AI Acquisition has a fifty-two week low of $10.57 and a fifty-two week high of $11.50. The firm has a fifty day moving average of $11.17 and a 200-day moving average of $11.03.

Hedge Funds Weigh In On Healthcare AI Acquisition

Several large investors have recently made changes to their positions in the business. Robinson Capital Management LLC acquired a new position in shares of Healthcare AI Acquisition during the 4th quarter worth about $133,000. Tidal Investments LLC acquired a new position in Healthcare AI Acquisition in the 1st quarter valued at approximately $389,000. Clear Street LLC acquired a new position in Healthcare AI Acquisition in the 4th quarter valued at approximately $436,000. Tuttle Capital Management LLC acquired a new position in Healthcare AI Acquisition in the 1st quarter valued at approximately $439,000. Finally, Virtu Financial LLC acquired a new position in Healthcare AI Acquisition in the 4th quarter valued at approximately $931,000. Institutional investors and hedge funds own 79.08% of the company’s stock.

Healthcare AI Acquisition Company Profile

Healthcare AI Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Dover, Delaware.