Short Interest in Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Drops By 37.8%

Posted by Amy Steele on Jun 3rd, 2026

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE – Get Free Report) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 237,565 shares, a decrease of 37.8% from the April 30th total of 381,825 shares. Based on an average daily volume of 165,264 shares, the days-to-cover ratio is currently 1.4 days. Approximately 4.4% of the company’s stock are sold short.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on BGDE shares. Weiss Ratings restated a “sell (e+)” rating on shares of Big Digital Energy, Inc. Common Stock in a research note on Monday, May 18th. Wall Street Zen downgraded Big Digital Energy, Inc. Common Stock from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce”.

Read Our Latest Stock Analysis on BGDE

Big Digital Energy, Inc. Common Stock Price Performance

BGDE opened at $7.24 on Wednesday. The business has a 50 day simple moving average of $4.97 and a 200-day simple moving average of $4.66. The stock has a market capitalization of $39.96 million, a P/E ratio of -0.57 and a beta of 5.06. Big Digital Energy, Inc. Common Stock has a 12 month low of $1.70 and a 12 month high of $40.00.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE – Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The company reported ($12.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($10.40) by ($1.71). The company had revenue of $3.23 million during the quarter, compared to analysts’ expectations of $5.30 million.

Big Digital Energy, Inc. Common Stock Company Profile

(Get Free Report)

Mawson Infrastructure Group, Inc is a special purpose acquisition company formed to identify, acquire and operate businesses in the digital infrastructure sector. Incorporated in Delaware, the company focuses on high-growth areas such as data centers, fiber-optic networks, wireless towers and other critical infrastructure that supports the global digital economy.

The company completed its initial public offering in July 2021, raising capital to pursue its business combination objectives.