Helport AI Limited (NASDAQ:HPAI) Short Interest Update

by · The Cerbat Gem

Helport AI Limited (NASDAQ:HPAI – Get Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 454,765 shares, a growth of 144.8% from the July 15th total of 185,772 shares. Currently, 1.4% of the shares of the stock are short sold. Based on an average daily volume of 938,244 shares, the days-to-cover ratio is currently 0.5 days.

Helport AI Stock Performance

HPAI traded up $0.00 during trading on Friday, hitting $0.49. 4,004,518 shares of the company traded hands, compared to its average volume of 590,788. The stock’s 50-day simple moving average is $0.59 and its two-hundred day simple moving average is $1.55. Helport AI has a 1 year low of $0.40 and a 1 year high of $4.57.

Helport AI (NASDAQ:HPAI – Get Free Report) last announced its quarterly earnings results on Friday, June 26th. The company reported ($0.02) EPS for the quarter. The business had revenue of $8.83 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Helport AI in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on Helport AI

Hedge Funds Weigh In On Helport AI

An institutional investor recently bought a new position in Helport AI stock. Goldman Sachs Group Inc. purchased a new stake in shares of Helport AI Limited (NASDAQ:HPAI – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 10,631 shares of the company’s stock, valued at approximately $63,000. 62.44% of the stock is owned by institutional investors.

Helport AI Company Profile

(Get Free Report)

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.

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