Healthcare AI Acquisition Corp. (NASDAQ:HAIA) Sees Large Drop in Short Interest

Posted by Dante Gardener on Nov 29th, 2024

Healthcare AI Acquisition Corp. (NASDAQ:HAIA – Get Free Report) was the recipient of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 900 shares, a decline of 81.6% from the October 31st total of 4,900 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Healthcare AI Acquisition

A hedge fund recently bought a new stake in Healthcare AI Acquisition stock. Tidal Investments LLC purchased a new position in shares of Healthcare AI Acquisition Corp. (NASDAQ:HAIA – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 35,194 shares of the company’s stock, valued at approximately $389,000. Tidal Investments LLC owned about 5.97% of Healthcare AI Acquisition as of its most recent SEC filing. Institutional investors and hedge funds own 79.08% of the company’s stock.

Healthcare AI Acquisition Price Performance

Shares of NASDAQ HAIA remained flat at $11.43 during mid-day trading on Friday. 277 shares of the company were exchanged, compared to its average volume of 5,005. The stock has a 50-day simple moving average of $11.40 and a 200 day simple moving average of $11.32. Healthcare AI Acquisition has a 1 year low of $10.89 and a 1 year high of $11.75.

Healthcare AI Acquisition Company Profile

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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.