MultiSensor AI Holdings, Inc. (NASDAQ:MSAIW) Sees Significant Drop in Short Interest

MultiSensor AI Holdings, Inc. (NASDAQ:MSAIW) was the target of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 83,800 shares, a decrease of 23.0% from the October 15th total of 108,900 shares. Based on an average daily trading volume, of 17,900 shares, the short-interest ratio is currently 4.7 days.

MultiSensor AI Stock Performance

MSAIW remained flat at $0.03 on Friday. 8,516 shares of the company traded hands, compared to its average volume of 35,604. The stock’s 50-day simple moving average is $0.04 and its two-hundred day simple moving average is $0.03. MultiSensor AI has a 12-month low of $0.02 and a 12-month high of $0.13.

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.