Healthcare AI Acquisition Corp. (NASDAQ:HAIA) Short Interest Up 7.5% in September

Healthcare AI Acquisition Corp. (NASDAQ:HAIA) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 5,700 shares, an increase of 7.5% from the August 31st total of 5,300 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 8.1 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Healthcare AI Acquisition

A number of hedge funds and other institutional investors have recently bought and sold shares of HAIA. Virtu Financial LLC bought a new stake in shares of Healthcare AI Acquisition during the 4th quarter valued at $931,000. Robinson Capital Management LLC increased its position in shares of Healthcare AI Acquisition by 287.3% during the first quarter. Robinson Capital Management LLC now owns 47,444 shares of the company’s stock valued at $524,000 after buying an additional 35,194 shares during the period. Tuttle Capital Management LLC purchased a new stake in shares of Healthcare AI Acquisition in the first quarter worth about $439,000. Clear Street LLC bought a new position in shares of Healthcare AI Acquisition in the fourth quarter valued at approximately $436,000. Finally, Tidal Investments LLC purchased a new position in Healthcare AI Acquisition during the first quarter valued at approximately $389,000. Institutional investors own 79.08% of the company’s stock.

Healthcare AI Acquisition Stock Performance

Shares of HAIA stock opened at $11.31 on Wednesday. The firm’s 50 day moving average is $11.33 and its 200 day moving average is $11.21. Healthcare AI Acquisition has a 12 month low of $10.84 and a 12 month high of $11.50.

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.