MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) Short Interest Update

MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 429,100 shares, an increase of 47.5% from the January 31st total of 291,000 shares. Based on an average daily trading volume, of 1,120,000 shares, the short-interest ratio is presently 0.4 days. Approximately 2.5% of the company’s stock are short sold.

MultiSensor AI Stock Up 3.4 %

MultiSensor AI stock traded up $0.04 during midday trading on Tuesday, hitting $1.21. The stock had a trading volume of 90,736 shares, compared to its average volume of 1,741,567. The business has a fifty day moving average price of $1.56 and a 200 day moving average price of $1.80. MultiSensor AI has a 12 month low of $1.10 and a 12 month high of $5.00.

Wall Street Analysts Forecast Growth

Separately, D. Boral Capital assumed coverage on shares of MultiSensor AI in a research note on Wednesday, February 26th. They set a “buy” rating and a $2.50 price objective on the stock.

Institutional Investors Weigh In On MultiSensor AI

A number of institutional investors have recently made changes to their positions in the company. Verus Capital Partners LLC acquired a new position in MultiSensor AI in the third quarter worth $38,000. Geode Capital Management LLC lifted its position in shares of MultiSensor AI by 149.9% in the 3rd quarter. Geode Capital Management LLC now owns 129,189 shares of the company’s stock worth $279,000 after buying an additional 77,497 shares during the last quarter. 272 Capital LP acquired a new position in shares of MultiSensor AI in the 3rd quarter valued at about $243,000. Cherrydale Wealth Management LLC bought a new stake in shares of MultiSensor AI during the 4th quarter valued at about $138,000. Finally, Citadel Advisors LLC acquired a new stake in MultiSensor AI during the fourth quarter worth about $25,000. 82.32% of the stock is currently owned by institutional investors.

About MultiSensor AI

MultiSensor AI Holdings, Inc manufactures and distributes multi-sensor systems for thermographic and other use in various industrial applications in the United States and internationally. The company offers sensor devices ranging from small to large handheld designs with built-in displays and controls, fixed-mounted pan-tilt-zoom single- and multi-sensor camera standalone systems, and mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles and unmanned ground vehicles.