MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) Sees Significant Decrease in Short Interest

MultiSensor AI Holdings, Inc. (NASDAQ:MSAIGet Free Report) was the recipient of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 511,949 shares, a decrease of 22.6% from the February 26th total of 661,291 shares. Based on an average trading volume of 1,351,697 shares, the short-interest ratio is presently 0.4 days. Approximately 0.7% of the shares of the stock are short sold.

Analyst Ratings Changes

A number of research analysts have issued reports on MSAI shares. Weiss Ratings reissued a “sell (e+)” rating on shares of MultiSensor AI in a report on Monday, December 29th. Zacks Research raised shares of MultiSensor AI to a “hold” rating in a report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $3.00.

Read Our Latest Stock Analysis on MSAI

Institutional Trading of MultiSensor AI

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Susquehanna International Group LLP acquired a new position in MultiSensor AI during the 3rd quarter valued at about $38,000. Jane Street Group LLC acquired a new stake in shares of MultiSensor AI during the 4th quarter worth approximately $58,000. Ghisallo Capital Management LLC bought a new stake in shares of MultiSensor AI during the fourth quarter worth approximately $72,000. Geode Capital Management LLC lifted its holdings in 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 buying an additional 124,413 shares during the period. Finally, Hudson Bay Capital Management LP acquired a new position in MultiSensor AI in the fourth quarter valued at approximately $352,000. 82.32% of the stock is owned by institutional investors.

MultiSensor AI Price Performance

MSAI opened at $0.22 on Friday. The stock has a market capitalization of $17.70 million, a P/E ratio of -0.69 and a beta of -0.12. The company’s 50 day simple moving average is $0.29 and its 200-day simple moving average is $0.54. MultiSensor AI has a one year low of $0.21 and a one year high of $2.40.

MultiSensor AI (NASDAQ:MSAIGet Free Report) last released its earnings results on Thursday, March 19th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.07. MultiSensor AI had a negative return on equity of 74.39% and a negative net margin of 211.01%.The company had revenue of $1.39 million during the quarter, compared to analysts’ expectations of $1.90 million. As a group, analysts anticipate that MultiSensor AI will post -0.83 EPS for the current year.

MultiSensor AI Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for MultiSensor AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MultiSensor AI and related companies with MarketBeat.com's FREE daily email newsletter.