Webull Corporation (NASDAQ:BULL) Sees Significant Growth in Short Interest

Webull Corporation (NASDAQ:BULLGet Free Report) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 19,175,701 shares, an increase of 60.3% from the December 15th total of 11,961,676 shares. Currently, 5.9% of the company’s shares are short sold. Based on an average daily volume of 15,738,716 shares, the short-interest ratio is presently 1.2 days. Based on an average daily volume of 15,738,716 shares, the short-interest ratio is presently 1.2 days. Currently, 5.9% of the company’s shares are short sold.

Webull Stock Down 2.5%

Shares of NASDAQ:BULL opened at $8.18 on Friday. Webull has a 1 year low of $7.57 and a 1 year high of $79.56. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.40 and a quick ratio of 1.40. The business’s 50-day moving average is $8.76 and its 200-day moving average is $11.84. The company has a market capitalization of $4.10 billion, a price-to-earnings ratio of -7.30 and a beta of -0.10.

Institutional Trading of Webull

Several large investors have recently modified their holdings of BULL. Legal & General Group Plc acquired a new position in shares of Webull during the 3rd quarter valued at $26,000. Osaic Holdings Inc. bought a new stake in Webull in the second quarter valued at $30,000. Jones Financial Companies Lllp raised its holdings in shares of Webull by 860.7% during the third quarter. Jones Financial Companies Lllp now owns 2,959 shares of the company’s stock valued at $45,000 after purchasing an additional 2,651 shares during the period. Tower Research Capital LLC TRC bought a new position in shares of Webull during the 2nd quarter worth about $69,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Webull in the 2nd quarter valued at about $71,000. Institutional investors and hedge funds own 92.48% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on BULL. Rosenblatt Securities lowered their target price on Webull from $19.00 to $15.00 and set a “buy” rating for the company in a research report on Friday, November 21st. Wall Street Zen raised Webull from a “strong sell” rating to a “hold” rating in a research note on Sunday, November 23rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Webull in a research note on Monday, December 29th. Finally, Zacks Research raised Webull from a “hold” rating to a “strong-buy” rating in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $16.50.

Get Our Latest Research Report on BULL

About Webull

(Get Free Report)

Webull Financial LLC is a commission-free online brokerage platform that provides individual investors with access to U.S. equities, exchange-traded funds (ETFs), options, and cryptocurrencies. Through its mobile and desktop applications, the company offers real-time market data, advanced charting tools, customizable watchlists, and streamlined order execution. Webull’s platform is designed to support both self-directed traders and investors seeking an intuitive interface coupled with professional-grade analytics.

In addition to its core trading services, Webull delivers educational resources and research tools to help users make informed decisions.

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