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

MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 511,949 shares, a decline of 22.6% from the February 26th total of 661,291 shares. Based on an average daily volume of 1,351,697 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.7% of the shares of the company are sold short.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of MultiSensor AI in a research note on Monday, December 29th. Zacks Research upgraded shares of MultiSensor AI to a “hold” rating in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $3.00.

MultiSensor AI Stock Down 4.4%

Shares of NASDAQ MSAI opened at $0.22 on Friday. MultiSensor AI has a 12 month low of $0.21 and a 12 month high of $2.40. The company has a market cap of $17.70 million, a P/E ratio of -0.69 and a beta of -0.12. The business’s 50 day moving average is $0.29 and its two-hundred day moving average is $0.54.

MultiSensor AI (NASDAQ:MSAI) last announced its earnings results on Thursday, March 19th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.07. MultiSensor AI had a negative net margin of 211.01% and a negative return on equity of 74.39%. The business had revenue of $1.39 million for the quarter, compared to analyst estimates of $1.90 million. Sell-side analysts expect that MultiSensor AI will post -0.83 earnings per share for the current fiscal year.

Institutional Trading of MultiSensor AI

Several institutional investors have recently made changes to their positions in the business. Susquehanna International Group LLP acquired a new position in MultiSensor AI in the third quarter worth about $38,000. Geode Capital Management LLC grew its stake in shares of MultiSensor AI by 44.6% in the 4th quarter. Geode Capital Management LLC now owns 403,492 shares of the company’s stock valued at $116,000 after purchasing an additional 124,413 shares during the period. Jane Street Group LLC bought a new stake in shares of MultiSensor AI in the 4th quarter valued at approximately $58,000. Ghisallo Capital Management LLC acquired a new position in shares of MultiSensor AI in the 4th quarter worth approximately $72,000. Finally, Sanders Morris Harris LLC raised its holdings in shares of MultiSensor AI by 8.9% in the 3rd quarter. Sanders Morris Harris LLC now owns 3,238,786 shares of the company’s stock worth $2,089,000 after buying an additional 265,130 shares in the last quarter. 82.32% of the stock is currently owned by institutional investors and hedge funds.

About MultiSensor AI

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.