Short Interest in FreeCast (Direct Listing) (NASDAQ:CAST) Increases By 115.5%

Posted by Ethan Ryder on Sep 14th, 2026

FreeCast (Direct Listing) (NASDAQ:CAST – Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,850,589 shares, an increase of 115.5% from the August 15th total of 1,322,754 shares. Based on an average trading volume of 20,796,524 shares, the short-interest ratio is currently 0.1 days. Currently, 14.8% of the shares of the company are short sold.

FreeCast (Direct Listing) Price Performance

Shares of NASDAQ CAST traded down $0.01 during mid-day trading on Monday, hitting $1.40. The company had a trading volume of 237,827 shares, compared to its average volume of 6,604,415. The business’s 50-day simple moving average is $1.81. FreeCast has a 1 year low of $0.50 and a 1 year high of $33.00. The firm has a market capitalization of $58.00 million and a P/E ratio of -7.78.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CAST. Zacks Research upgraded FreeCast (Direct Listing) to a “hold” rating in a research report on Wednesday, June 10th. Weiss Ratings reaffirmed a “sell (e-)” rating on shares of FreeCast (Direct Listing) in a research report on Monday, August 31st. Finally, Wall Street Zen upgraded shares of FreeCast (Direct Listing) from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $6.00.

Check Out 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.