Short Interest in Zapata Computing Holdings Inc. (NASDAQ:ZPTA) Declines By 29.0%

Zapata Computing Holdings Inc. (NASDAQ:ZPTA – Get Free Report) saw a large decrease in short interest in August. As of August 31st, there was short interest totalling 760,000 shares, a decrease of 29.0% from the August 15th total of 1,070,000 shares. Based on an average daily volume of 1,420,000 shares, the short-interest ratio is presently [...]

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Zapata Computing Holdings Inc. ( NASDAQ:ZPTA – Get Free Report ) saw a large decrease in short interest in August. As of August 31st, there was short interest totalling 760,000 shares, a decrease of 29.

0% from the August 15th total of 1,070,000 shares. Based on an average daily volume of 1,420,000 shares, the short-interest ratio is presently 0.5 days.



Currently, 2.7% of the company’s stock are short sold. Hedge Funds Weigh In On Zapata Computing Large investors have recently modified their holdings of the stock.

Cowen AND Company LLC acquired a new position in Zapata Computing in the 2nd quarter valued at about $30,000. B. Riley Wealth Advisors Inc.

acquired a new position in shares of Zapata Computing in the second quarter valued at approximately $31,000. Finally, Sandia Investment Management LP acquired a new position in shares of Zapata Computing in the second quarter valued at approximately $205,000. 51.

22% of the stock is owned by institutional investors. Zapata Computing Stock Performance Shares of NASDAQ ZPTA opened at $0.44 on Monday.

Zapata Computing has a twelve month low of $0.36 and a twelve month high of $18.50.

The stock’s 50 day simple moving average is $0.53. Wall Street Analysts Forecast Growth Several equities analysts recently weighed in on ZPTA shares.

Cantor Fitzgerald began coverage on shares of Zapata Computing in a research note on Tuesday, August 13th. They issued an “overweight” rating and a $1.75 target price for the company.

Benchmark reissued a “speculative buy” rating and issued a $1.50 price objective on shares of Zapata Computing in a research report on Tuesday, August 13th. Check Out Our Latest Stock Report on Zapata Computing Zapata Computing Company Profile ( Get Free Report ) Zapata Computing Holdings Inc operates as an industrial generative artificial intelligence (AI) software company in the United States.

The company offers subscription-based solutions that combine software and services to develop generative AI applications, as well as accompanying services to solve complex industrial problems. See Also Receive News & Ratings for Zapata Computing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zapata Computing and related companies with MarketBeat.com's FREE daily email newsletter .

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