MultiSensor AI Holdings, Inc. (NASDAQ:MSAI – Get Free Report) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 1,319,553 shares, a drop of 29.4% from the January 29th total of 1,868,318 shares. Currently, 2.7% of the company’s shares are short sold. Based on an average daily trading volume, of 830,173 shares, the short-interest ratio is presently 1.6 days. Based on an average daily trading volume, of 830,173 shares, the short-interest ratio is presently 1.6 days. Currently, 2.7% of the company’s shares are short sold.
Hedge Funds Weigh In On MultiSensor AI
Several hedge funds have recently bought and sold shares of MSAI. Sanders Morris Harris LLC boosted its holdings in MultiSensor AI by 8.9% during the 3rd quarter. Sanders Morris Harris LLC now owns 3,238,786 shares of the company’s stock valued at $2,089,000 after acquiring an additional 265,130 shares during the period. Susquehanna International Group LLP acquired a new stake in shares of MultiSensor AI during the third quarter worth about $38,000. Geode Capital Management LLC boosted its stake in shares of MultiSensor AI by 44.6% in the fourth quarter. Geode Capital Management LLC now owns 403,492 shares of the company’s stock valued at $116,000 after purchasing an additional 124,413 shares during the period. Jane Street Group LLC acquired a new position in shares of MultiSensor AI in the fourth quarter valued at approximately $58,000. Finally, L1 Global Manager Pty Ltd purchased a new stake in MultiSensor AI during the 4th quarter worth approximately $704,000. Institutional investors and hedge funds own 82.32% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on MSAI. Weiss Ratings reiterated a “sell (e+)” rating on shares of MultiSensor AI in a research report on Monday, December 29th. Zacks Research raised MultiSensor AI to a “hold” rating in a research note on Friday, January 30th. Finally, Wall Street Zen upgraded MultiSensor AI to a “hold” rating in a report on Saturday, November 22nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, MultiSensor AI presently has a consensus rating of “Hold” and a consensus price target of $3.00.
MultiSensor AI Trading Up 9.9%
MultiSensor AI stock traded up $0.03 during trading on Monday, hitting $0.31. The company had a trading volume of 1,121,208 shares, compared to its average volume of 650,915. The stock has a market cap of $16.39 million, a price-to-earnings ratio of -1.07 and a beta of -0.12. MultiSensor AI has a 1-year low of $0.25 and a 1-year high of $2.40. The company’s 50 day simple moving average is $0.32 and its 200-day simple moving average is $0.60.
MultiSensor AI Company Profile
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.
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