SAI.TECH Global Co. (NASDAQ:SAI) Short Interest Update

SAI.TECH Global Co. (NASDAQ:SAI) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 14,700 shares, a drop of 68.7% from the May 31st total of 47,000 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 33,000 shares, the short-interest ratio is currently 0.4 days.

SAI.TECH Global Stock Down 7.0 %

Shares of NASDAQ:SAI traded down $0.08 during midday trading on Friday, hitting $1.07. The company had a trading volume of 2,696,876 shares, compared to its average volume of 125,224. SAI.TECH Global has a 12 month low of $0.76 and a 12 month high of $2.48. The firm has a fifty day simple moving average of $0.93 and a 200 day simple moving average of $1.00.

About SAI.TECH Global

SAI.TECH Global Corporation, together with its subsidiaries, operates as an energy-saving Bitcoin mining operator and a clean-tech company that integrates the bitcoin mining, power, and heating industries worldwide. The company sells crypto assets mining machines to end customers, as well as provides a suite of specialized services, including purchase of mining machines, hosting service, and mining pool services to crypto asset mining customers.