Helpport AI (NASDAQ:HPAI) Trading Down 4.8% – Here’s Why

Helpport AI Limited (NASDAQ:HPAI) dropped 4.8% during trading on Thursday . The stock traded as low as $6.61 and last traded at $6.59. Approximately 440 shares were traded 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 Down 4.8 %

The company has a 50 day moving average of $6.05 and a 200 day moving average of $5.75.

Institutional Investors Weigh In On Helpport AI

Large investors have recently made changes to their positions in the company. Polar Asset Management Partners Inc. acquired a new position in shares of Helpport AI during the third quarter worth approximately $184,000. Highbridge Capital Management LLC bought a new stake in Helpport AI in the fourth quarter valued at $205,000. Finally, K2 Principal Fund L.P. bought a new stake in shares of Helpport AI during the third quarter worth $143,000. Institutional investors own 62.44% of the company’s stock.

About Helpport AI

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.