Short Interest in SAI.TECH Global Co. (NASDAQ:SAI) Drops By 75.2%

SAI.TECH Global Co. (NASDAQ:SAI) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 7,500 shares, a decline of 75.2% from the March 31st total of 30,300 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 77,000 shares, the days-to-cover ratio is presently 0.1 days.

SAI.TECH Global Stock Down 5.3 %

Shares of SAI.TECH Global stock traded down $0.04 on Thursday, hitting $0.80. The company had a trading volume of 82,505 shares, compared to its average volume of 139,371. The stock has a 50-day moving average of $1.03 and a 200-day moving average of $1.01. SAI.TECH Global has a twelve month low of $0.76 and a twelve month high of $4.81.

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 provides a suite of specialized services, including mining machines purchase, hosting, mining pool, and energy-saving technologies and solutions to digital asset mining customers.