Short Interest in Beeline Holdings, Inc. (NASDAQ:BLNE) Increases By 19.1%

Beeline Holdings, Inc. (NASDAQ:BLNEGet Free Report) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 1,318,019 shares, an increase of 19.1% from the February 12th total of 1,106,912 shares. Currently, 7.1% of the shares of the company are short sold. Based on an average daily trading volume, of 516,257 shares, the days-to-cover ratio is currently 2.6 days. Based on an average daily trading volume, of 516,257 shares, the days-to-cover ratio is currently 2.6 days. Currently, 7.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Beeline

Institutional investors and hedge funds have recently bought and sold shares of the business. Creative Planning bought a new position in Beeline in the second quarter worth about $51,000. Worth Venture Partners LLC bought a new position in shares of Beeline during the second quarter valued at approximately $71,000. Corsair Capital Management L.P. bought a new position in shares of Beeline during the second quarter valued at approximately $30,000. NewEdge Advisors LLC acquired a new stake in shares of Beeline during the 2nd quarter worth approximately $55,000. Finally, Relyea Zuckerberg Hanson LLC bought a new stake in shares of Beeline in the 3rd quarter worth approximately $55,000. Institutional investors and hedge funds own 0.58% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Beeline in a report on Monday, December 29th. Wall Street Zen upgraded shares of Beeline from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. Finally, LADENBURG THALM/SH SH raised Beeline to a “strong-buy” rating in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Read Our Latest Stock Report on Beeline

Beeline Price Performance

BLNE stock opened at $2.74 on Wednesday. The firm has a market cap of $79.30 million, a price-to-earnings ratio of -0.41 and a beta of 1.61. Beeline has a 1-year low of $0.62 and a 1-year high of $4.65. The firm has a fifty day moving average price of $2.92 and a two-hundred day moving average price of $2.68.

Beeline Company Profile

(Get Free Report)

Beeline Holdings, Inc is a mortgage fintech company that provides a digital, AI-powered lending and title platform designed to streamline the home loan process. Headquartered in Providence, Rhode Island, Beeline aims to make mortgages simpler and faster by combining technology with an end-to-end approach across origination and title services. The company focuses on improving efficiency and transparency for homebuyers and homeowners, supporting broader access to financial flexibility through property ownership.

Further Reading

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