FreeCast (Direct Listing) (NASDAQ:CAST) Short Interest Update

FreeCast (Direct Listing) (NASDAQ:CASTGet Free Report) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 137,660 shares, an increase of 181.6% from the April 15th total of 48,888 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 2,227,533 shares, the short-interest ratio is presently 0.1 days.

FreeCast (Direct Listing) Trading Up 31.0%

Shares of CAST opened at $1.86 on Friday. FreeCast has a 52 week low of $1.36 and a 52 week high of $33.00. The business has a 50-day moving average of $3.21.

FreeCast (Direct Listing) (NASDAQ:CASTGet Free Report) last announced its quarterly earnings results on Monday, March 30th. The company reported ($0.07) earnings per share (EPS) for the quarter. The business had revenue of $0.06 million during the quarter.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CAST. Maxim Group started coverage on FreeCast (Direct Listing) in a research report on Friday, April 24th. They issued a “buy” rating and a $6.00 target price on the stock. Wall Street Zen lowered FreeCast (Direct Listing) from a “hold” rating to a “sell” rating in a report on Saturday, April 4th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, FreeCast (Direct Listing) presently has an average rating of “Buy” and a consensus price target of $6.00.

Read Our Latest Stock Analysis on CAST

FreeCast (Direct Listing) Company Profile

(Get Free Report)

FreeCast, Inc is a digital media and streaming-technology company that operates a platform for aggregated video content and content discovery. The company focuses on enabling consumers to find and access free, ad-supported and subscription video across connected TVs, mobile devices and the web through a unified interface. FreeCast’s offering is positioned to address fragmentation in the streaming ecosystem by simplifying discovery and centralizing access to disparate streaming sources.

Its core activities center on content aggregation, distribution and monetization tools for both end users and business partners.

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