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Helpport AI (NASDAQ:HPAI) Stock Price Down 4.8% - Here's What Happened

Helpport AI logo with Business Services background
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Helpport AI Limited (NASDAQ:HPAI - Get Free Report)'s stock price dropped 4.8% during mid-day trading on Thursday . The company traded as low as $6.61 and last traded at $6.59. Approximately 440 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 5,845 shares. The stock had previously closed at $6.92.

Helpport AI Stock Performance

The company has a 50-day moving average of $6.08 and a 200 day moving average of $5.75.

Institutional Investors Weigh In On Helpport AI

A number of large investors have recently modified their holdings of the business. Polar Asset Management Partners Inc. acquired a new position in Helpport AI during the third quarter worth about $184,000. K2 Principal Fund L.P. purchased a new position in Helpport AI in the 3rd quarter worth approximately $143,000. Finally, Highbridge Capital Management LLC acquired a new position in shares of Helpport AI during the 4th quarter worth approximately $205,000. Hedge funds and other institutional investors own 62.44% of the company's stock.

About Helpport AI

(Get Free Report)

Helport AI Ltd. engages in the development of intelligent products, solutions, and a digital platform for customer contact centers. The firm offers AI Assist, a software that provides tailored AI-powered guidance and oversight for contact center interactions and customer experience, with functions including agent assistant, quality assurance (QA) assistant, supervisor assistant, and knowledge base assistant.

Further Reading

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