Short Interest in Helport AI Limited (NASDAQ:HPAI) Declines By 15.6%

Helport AI Limited (NASDAQ:HPAI) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 22,127 shares, a drop of 15.6% from the January 15th total of 26,212 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 6,514 shares, the short-interest ratio is currently 3.4 days. Based on an average daily volume of 6,514 shares, the short-interest ratio is currently 3.4 days. Currently, 0.1% of the shares of the stock are short sold.

Helport AI Trading Down 6.1%

Shares of NASDAQ HPAI traded down $0.19 during trading on Tuesday, reaching $2.90. The stock had a trading volume of 5,666 shares, compared to its average volume of 5,072. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.04. The business’s 50-day moving average price is $3.63 and its 200-day moving average price is $3.58. Helport AI has a fifty-two week low of $2.40 and a fifty-two week high of $8.40.

Institutional Investors Weigh In On Helport AI

A hedge fund recently bought a new stake in Helport AI stock. Goldman Sachs Group Inc. purchased a new stake in Helport AI Limited (NASDAQ:HPAI) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,631 shares of the company’s stock, valued at approximately $63,000. 62.44% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Helport AI in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Helport AI has a consensus rating of “Sell”.

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.