Healthcare AI Acquisition Corp. (NASDAQ:HAIA) Short Interest Update

Healthcare AI Acquisition Corp. (NASDAQ:HAIA) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 4,800 shares, a decrease of 12.7% from the September 30th total of 5,500 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is presently 1.2 days.

Healthcare AI Acquisition Trading Up 0.7 %

NASDAQ:HAIA traded up $0.08 during trading hours on Tuesday, reaching $11.46. 2,774 shares of the stock were exchanged, compared to its average volume of 4,533. The firm has a 50 day simple moving average of $11.32 and a 200-day simple moving average of $11.25. Healthcare AI Acquisition has a 52 week low of $10.84 and a 52 week high of $11.50.

Hedge Funds Weigh In On Healthcare AI Acquisition

An institutional investor recently bought a new position in Healthcare AI Acquisition stock. Tidal Investments LLC purchased a new stake in Healthcare AI Acquisition Corp. (NASDAQ:HAIA) in the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 35,194 shares of the company’s stock, valued at approximately $389,000. Tidal Investments LLC owned 5.97% of Healthcare AI Acquisition as of its most recent filing with the SEC. 79.08% of the stock is owned by institutional investors and hedge funds.

About Healthcare AI Acquisition

Healthcare AI Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Dover, Delaware.