DevvStream Corp. (NASDAQ:DEVS) Short Interest Update

DevvStream Corp. (NASDAQ:DEVS) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 119,942 shares, a drop of 74.2% from the January 15th total of 465,403 shares. Currently, 3.2% of the shares of the company are sold short. Based on an average daily volume of 385,238 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 385,238 shares, the short-interest ratio is currently 0.3 days. Currently, 3.2% of the shares of the company are sold short.

DevvStream Price Performance

NASDAQ:DEVS opened at $0.94 on Wednesday. The company’s fifty day moving average price is $1.32 and its 200-day moving average price is $1.97. DevvStream has a 1-year low of $0.85 and a 1-year high of $13.50. The firm has a market capitalization of $3.61 million, a P/E ratio of -0.35 and a beta of 0.57.

DevvStream (NASDAQ:DEVS) last posted its quarterly earnings results on Tuesday, December 16th. The company reported ($0.14) EPS for the quarter.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DEVS. Wall Street Zen cut shares of DevvStream from a “hold” rating to a “sell” rating in a report on Saturday, October 18th. Weiss Ratings restated a “sell (e+)” rating on shares of DevvStream in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

DevvStream Company Profile

DevvStream Holdings Inc is a carbon credit project co-development and generation firm specializing in technology-based solutions. DevvStream Holdings Inc, formerly known as Focus Impact Acquisition Corp., is based in NEW YORK.