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Helpport AI (NASDAQ:HPAI) Stock Price Down 9.1% - Here's Why

Helpport AI logo with Business Services background

Shares of Helpport AI Limited (NASDAQ:HPAI - Get Free Report) traded down 9.1% on Friday . The company traded as low as $5.00 and last traded at $5.00. 4,525 shares changed hands during trading, a decline of 82% from the average session volume of 25,842 shares. The stock had previously closed at $5.50.

Helpport AI Stock Performance

The firm's 50 day simple moving average is $6.02 and its 200-day simple moving average is $5.76.

Institutional Trading of Helpport AI

A hedge fund recently bought a new stake in Helpport AI stock. Highbridge Capital Management LLC bought a new position in Helpport AI Limited (NASDAQ:HPAI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 35,345 shares of the company's stock, valued at approximately $205,000. Highbridge Capital Management LLC owned 0.10% of Helpport AI at the end of the most recent reporting period. Institutional investors and hedge funds 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.

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