MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) Short Interest Down 57.5% in January
by Tristan Rich · The Markets DailyMultiSensor AI Holdings, Inc. (NASDAQ:MSAI – Get Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,409,479 shares, a decline of 57.5% from the December 31st total of 3,314,892 shares. Based on an average daily volume of 2,737,236 shares, the short-interest ratio is presently 0.5 days. Approximately 2.9% of the shares of the company are sold short. Approximately 2.9% of the shares of the company are sold short. Based on an average daily volume of 2,737,236 shares, the short-interest ratio is presently 0.5 days.
MultiSensor AI Price Performance
Shares of MultiSensor AI stock traded down $0.03 on Thursday, hitting $0.30. The company had a trading volume of 1,914,401 shares, compared to its average volume of 2,791,972. The company has a market cap of $15.60 million, a PE ratio of -1.02 and a beta of -0.12. MultiSensor AI has a 52 week low of $0.25 and a 52 week high of $2.40. The business has a 50-day simple moving average of $0.45 and a 200-day simple moving average of $0.67.
MultiSensor AI (NASDAQ:MSAI – Get Free Report) last posted its quarterly earnings data on Thursday, November 13th. The company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.04. MultiSensor AI had a negative return on equity of 114.91% and a negative net margin of 223.26%.The company had revenue of $1.57 million for the quarter, compared to the consensus estimate of $1.65 million. On average, equities research analysts predict that MultiSensor AI will post -0.83 earnings per share for the current fiscal year.
Hedge Funds Weigh In On MultiSensor AI
A hedge fund recently raised its stake in MultiSensor AI stock. Sanders Morris Harris LLC grew its position in MultiSensor AI Holdings, Inc. (NASDAQ:MSAI – Free Report) by 7.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,973,656 shares of the company’s stock after buying an additional 200,931 shares during the quarter. MultiSensor AI makes up approximately 0.4% of Sanders Morris Harris LLC’s portfolio, making the stock its 23rd largest position. Sanders Morris Harris LLC owned approximately 8.89% of MultiSensor AI worth $1,778,000 at the end of the most recent reporting period. 82.32% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on MSAI. D. Boral Capital restated a “buy” rating and set a $3.00 price objective on shares of MultiSensor AI in a research note on Friday, October 17th. D Boral Capital upgraded shares of MultiSensor AI to a “strong-buy” rating in a research report on Friday, October 17th. Wall Street Zen raised shares of MultiSensor AI to a “hold” rating in a research note on Saturday, November 22nd. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of MultiSensor AI in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $3.00.
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.