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

Healthcare AI Acquisition Corp. (NASDAQ:HAIA) was the recipient of a large increase in short interest during 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 trading volume of 700 shares, the days-to-cover ratio is currently 8.1 days. Approximately 0.2% of the company’s stock are sold short.

Healthcare AI Acquisition Price Performance

Healthcare AI Acquisition stock opened at $11.31 on Monday. Healthcare AI Acquisition has a 1-year low of $10.84 and a 1-year high of $11.50. The company has a fifty day simple moving average of $11.33 and a 200 day simple moving average of $11.21.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HAIA. Tidal Investments LLC bought a new position in shares of Healthcare AI Acquisition in the first quarter valued at $389,000. Robinson Capital Management LLC increased its stake in shares of Healthcare AI Acquisition by 287.3% during the 1st quarter. Robinson Capital Management LLC now owns 47,444 shares of the company’s stock worth $524,000 after purchasing an additional 35,194 shares during the last quarter. Tuttle Capital Management LLC bought a new stake in shares of Healthcare AI Acquisition in the 1st quarter valued at about $439,000. Virtu Financial LLC bought a new stake in shares of Healthcare AI Acquisition in the 4th quarter valued at about $931,000. Finally, Clear Street LLC acquired a new stake in Healthcare AI Acquisition in the 4th quarter valued at about $436,000. 79.08% of the stock is currently owned by institutional investors.

Healthcare AI Acquisition Company Profile

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.