Celsius Holdings Inc. (NASDAQ:CELH) Short Interest Down 19.6% in January

Celsius Holdings Inc. (NASDAQ:CELH) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 14,722,176 shares, a decrease of 19.6% from the January 15th total of 18,320,585 shares. Approximately 5.8% of the company’s stock are sold short. Based on an average daily volume of 3,498,983 shares, the short-interest ratio is currently 4.2 days. Based on an average daily volume of 3,498,983 shares, the short-interest ratio is currently 4.2 days. Approximately 5.8% of the company’s stock are sold short.

Celsius Price Performance

Celsius stock opened at $44.68 on Tuesday. The business’s 50 day simple moving average is $48.65 and its 200 day simple moving average is $52.10. Celsius has a 12 month low of $22.25 and a 12 month high of $66.74. The company has a market cap of $11.52 billion, a price-to-earnings ratio of 446.80, a PEG ratio of 0.73 and a beta of 0.90. The company has a current ratio of 1.89, a quick ratio of 1.61 and a debt-to-equity ratio of 0.72.

Analyst Ratings Changes

A number of brokerages have issued reports on CELH. Roth Mkm reaffirmed a “buy” rating on shares of Celsius in a research report on Monday, February 9th. Piper Sandler reaffirmed an “overweight” rating and issued a $65.00 target price (up from $61.00) on shares of Celsius in a report on Thursday, January 29th. UBS Group reiterated a “buy” rating and set a $70.00 price target (up from $65.00) on shares of Celsius in a report on Wednesday, January 14th. JPMorgan Chase & Co. boosted their price objective on Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Finally, Bank of America decreased their target price on Celsius from $50.00 to $45.00 and set an “underperform” rating for the company in a research report on Friday, December 19th. Eighteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $66.33.

Institutional Investors Weigh In On Celsius

Several large investors have recently added to or reduced their stakes in CELH. Harbor Investment Advisory LLC bought a new position in Celsius during the third quarter worth about $27,000. Brown Brothers Harriman & Co. lifted its stake in shares of Celsius by 1,020.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after buying an additional 500 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in Celsius in the 4th quarter worth approximately $31,000. Fideuram Asset Management Ireland dac purchased a new position in Celsius in the 4th quarter valued at approximately $31,000. Finally, Hantz Financial Services Inc. raised its holdings in Celsius by 1,476.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 788 shares of the company’s stock valued at $37,000 after acquiring an additional 738 shares during the period. Hedge funds and other institutional investors own 60.95% of the company’s stock.

About Celsius

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.