SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) Short Interest Up 199.0% in April

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZGet Free Report) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 799,396 shares, a growth of 199.0% from the April 15th total of 267,338 shares. Based on an average daily trading volume, of 447,874 shares, the days-to-cover ratio is presently 1.8 days. Currently, 9.3% of the company’s shares are sold short.

Wall Street Analyst Weigh In

SHAZ has been the topic of a number of recent research reports. Cantor Fitzgerald initiated coverage on shares of SharonAI Holdings, Inc. Class A Common Stock in a research note on Thursday, April 9th. They set an “overweight” rating and a $40.00 price target on the stock. Weiss Ratings initiated coverage on shares of SharonAI Holdings, Inc. Class A Common Stock in a research note on Friday, February 20th. They set a “sell (d)” rating on the stock. Wall Street Zen upgraded shares of SharonAI Holdings, Inc. Class A Common Stock from a “strong sell” rating to a “sell” rating in a research note on Tuesday, April 28th. Finally, Compass Point initiated coverage on shares of SharonAI Holdings, Inc. Class A Common Stock in a research note on Wednesday, April 22nd. They set a “buy” rating and a $50.00 price target on the stock. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, SharonAI Holdings, Inc. Class A Common Stock currently has an average rating of “Hold” and a consensus target price of $45.00.

Check Out Our Latest Stock Analysis on SharonAI Holdings, Inc. Class A Common Stock

SharonAI Holdings, Inc. Class A Common Stock Stock Down 3.1%

SharonAI Holdings, Inc. Class A Common Stock stock traded down $1.70 during mid-day trading on Friday, hitting $53.93. The company had a trading volume of 498,316 shares, compared to its average volume of 463,460. SharonAI Holdings, Inc. Class A Common Stock has a 1 year low of $1.90 and a 1 year high of $178.00. The business has a fifty day moving average of $33.57.

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZGet Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported ($1.43) EPS for the quarter. The business had revenue of $0.29 million for the quarter.

About SharonAI Holdings, Inc. Class A Common Stock

(Get Free Report)

SharonAI Holdings Inc is a high-performance computing (HPC) company deploying large-scale energy and compute infrastructure, USA energy markets and infrastructure asset management. Its services include: Sovereign AI Australia, GPU-as-a-Service, SHARON AI Cloud, SHARON AI Private Cloud, Virtual Private Clusters, HPC Servers, SHARON AI Supercluster, GPU Fleet, Virtual Servers, Cloud Storage, AI Model Training, High-Performance Computing (HPC), and Video Encoding & Decoding. The company’s products are: Sovereign AI Australia, GPU-as-a-Service, SHARON AI Cloud, SHARON AI Private Cloud, Virtual Private Clusters, HPC Servers, SHARON AI Supercluster, GPU Fleet, Virtual Servers, Cloud Storage, AI Model Training, High Performance Computing (HPC), and Video Encoding & Decoding.

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