Short Interest in Fold Holdings, Inc. (NASDAQ:FLD) Declines By 61.6%

Fold Holdings, Inc. (NASDAQ:FLD) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 833,779 shares, a drop of 61.6% from the June 15th total of 2,173,812 shares. Approximately 2.1% of the company’s shares are sold short. Based on an average daily volume of 682,406 shares, the short-interest ratio is currently 1.2 days.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Fold in a research report on Monday, June 15th. Northland Securities set a $3.50 price target on Fold in a research report on Wednesday, May 13th. Wall Street Zen upgraded Fold from a “strong sell” rating to a “sell” rating in a research note on Saturday, April 18th. Cantor Fitzgerald cut their price objective on Fold from $2.00 to $1.70 and set an “overweight” rating on the stock in a report on Wednesday, May 13th. Finally, HC Wainwright reduced their price objective on Fold from $7.00 to $3.00 and set a “buy” rating on the stock in a research note on Wednesday, March 18th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Fold presently has a consensus rating of “Hold” and an average price target of $2.73.

Fold Stock Down 5.9%

Shares of NASDAQ FLD traded down $0.03 on Tuesday, hitting $0.44. The company had a trading volume of 77,903 shares, compared to its average volume of 1,151,553. Fold has a 12-month low of $0.43 and a 12-month high of $4.70. The business has a 50 day moving average of $0.83 and a two-hundred day moving average of $1.40. The firm has a market capitalization of $22.34 million, a P/E ratio of -0.43 and a beta of 0.36.

Fold (NASDAQ:FLD) last announced its earnings results on Tuesday, May 12th. The company reported ($0.59) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.43). Fold had a negative net margin of 164.63% and a negative return on equity of 90.99%. The firm had revenue of $5.59 million during the quarter, compared to analysts’ expectations of $9.99 million. On average, sell-side analysts anticipate that Fold will post -0.68 earnings per share for the current year.

Insider Buying and Selling at Fold

In related news, Director Jonathan Kirkwood purchased 105,000 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were bought at an average price of $0.61 per share, for a total transaction of $64,050.00. Following the acquisition, the director directly owned 457,295 shares in the company, valued at $278,949.95. This trade represents a 29.80% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. In the last quarter, insiders have acquired 123,500 shares of company stock valued at $84,890 and have sold 100,877 shares valued at $115,831. 23.08% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Fold

Institutional investors have recently modified their holdings of the stock. Abel Hall LLC acquired a new position in Fold in the first quarter worth about $31,000. Mariner LLC lifted its holdings in Fold by 60.9% during the 4th quarter. Mariner LLC now owns 63,518 shares of the company’s stock worth $166,000 after buying an additional 24,038 shares during the last quarter. Barclays PLC bought a new position in Fold during the 4th quarter worth approximately $26,000. Charles Schwab Investment Management Inc. acquired a new position in shares of Fold in the 4th quarter worth approximately $41,000. Finally, State Street Corp grew its position in shares of Fold by 110.8% in the 4th quarter. State Street Corp now owns 78,200 shares of the company’s stock worth $204,000 after acquiring an additional 41,100 shares in the last quarter. Institutional investors and hedge funds own 56.89% of the company’s stock.

Trending Headlines about Fold

Here are the key news stories impacting Fold this week:

• Positive Sentiment: Short interest in Fold Holdings, Inc. (FLD) fell sharply in June, which can signal that bearish bets on the stock are easing. Fold Holdings, Inc. (NASDAQ:FLD) Short Interest Down 61.6% in June
• Neutral Sentiment: Multiple articles highlighted upcoming Samsung Galaxy Z Fold 8 / Ultra leaks, including design changes, near-zero crease rumors, pricing chatter, and trade-in expectations, but these are product-speculation pieces rather than direct updates on Fold Holdings’ business. Guide to Expected Samsung Galaxy Z Fold 8 Trade-in Values
• Neutral Sentiment: Google’s Pixel 11 Pro Fold was also in the news with FCC sightings and design leaks, adding more attention to the foldable-phone category ahead of new launches. Google Pixel 11 Pro Fold appears at the FCC ahead of August launch
• Negative Sentiment: Several headlines emphasized how Samsung and Apple are improving foldable/large-screen devices with better displays, bigger batteries, and sleeker designs, which could increase competitive pressure across the foldable market and weigh on sentiment toward smaller related names. Apple’s iPhone Ultra could one-up the Galaxy Z Fold 7 with a bigger battery

Fold Company Profile

Fold, trading under the ticker FLD on the NASDAQ, is a financial technology company specializing in bitcoin rewards and cryptocurrency-based consumer products. The company’s core offering enables users to earn bitcoin on everyday purchases through a prepaid Visa debit card, converting traditional currency transactions into bitcoin rewards at no extra cost. By partnering with major payment networks and merchant platforms, Fold aims to bridge the gap between mainstream spending and digital asset adoption.

Beyond the debit card, Fold offers a mobile application that integrates with the Bitcoin Lightning Network to facilitate faster and more cost-efficient transactions.