Healthcare AI Acquisition Corp. (NASDAQ:HAIA) Sees Significant Increase in Short Interest

Healthcare AI Acquisition Corp. (NASDAQ:HAIA) saw a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 4,400 shares, a growth of 18.9% from the July 31st total of 3,700 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 1,200 shares, the short-interest ratio is presently 3.7 days.

Healthcare AI Acquisition Price Performance

Shares of HAIA opened at $11.28 on Monday. Healthcare AI Acquisition has a one year low of $10.84 and a one year high of $11.50. The business’s 50 day simple moving average is $11.31 and its 200-day simple moving average is $11.16.

Hedge Funds Weigh In On Healthcare AI Acquisition

Institutional investors and hedge funds have recently bought and sold shares of the business. Robinson Capital Management LLC bought a new position in shares of Healthcare AI Acquisition in the fourth quarter valued at about $133,000. Tidal Investments LLC acquired a new stake in Healthcare AI Acquisition in the 1st quarter valued at about $389,000. Clear Street LLC bought a new position in shares of Healthcare AI Acquisition in the fourth quarter worth about $436,000. Tuttle Capital Management LLC acquired a new position in shares of Healthcare AI Acquisition during the first quarter worth approximately $439,000. Finally, Virtu Financial LLC acquired a new position in shares of Healthcare AI Acquisition during the fourth quarter worth approximately $931,000. Institutional investors and hedge funds own 79.08% of the company’s stock.

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.