Webull Corporation (NASDAQ:BULL) Sees Large Decline in Short Interest

Webull Corporation (NASDAQ:BULLGet Free Report) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 19,486,401 shares, a decrease of 16.5% from the January 29th total of 23,346,016 shares. Currently, 6.0% of the company’s stock are sold short. Based on an average daily trading volume, of 11,756,233 shares, the short-interest ratio is presently 1.7 days. Based on an average daily trading volume, of 11,756,233 shares, the short-interest ratio is presently 1.7 days. Currently, 6.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Webull

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Legal & General Group Plc purchased a new stake in Webull during the 3rd quarter valued at $26,000. Osaic Holdings Inc. bought a new stake in shares of Webull in the second quarter worth $30,000. Jones Financial Companies Lllp grew its holdings in shares of Webull by 860.7% in the third quarter. Jones Financial Companies Lllp now owns 2,959 shares of the company’s stock worth $45,000 after acquiring an additional 2,651 shares during the period. Los Angeles Capital Management LLC purchased a new stake in Webull during the fourth quarter valued at $34,000. Finally, Tower Research Capital LLC TRC bought a new position in Webull in the second quarter valued at about $69,000. Hedge funds and other institutional investors own 92.48% of the company’s stock.

Webull Trading Up 1.8%

Shares of NASDAQ:BULL opened at $6.07 on Thursday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.40 and a quick ratio of 1.40. Webull has a 1 year low of $5.47 and a 1 year high of $79.56. The company has a market cap of $3.05 billion, a P/E ratio of -5.42 and a beta of -0.04. The stock’s fifty day moving average price is $7.16 and its 200-day moving average price is $9.98.

Webull (NASDAQ:BULLGet Free Report) last issued its earnings results on Wednesday, March 4th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.04). The firm’s revenue for the quarter was up 49.8% compared to the same quarter last year.

Trending Headlines about Webull

Here are the key news stories impacting Webull this week:

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on BULL. Weiss Ratings reiterated a “sell (d-)” rating on shares of Webull in a research note on Monday, December 29th. Wall Street Zen raised Webull from a “strong sell” rating to a “hold” rating in a research report on Sunday, November 23rd. Zacks Research downgraded shares of Webull from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Finally, Rosenblatt Securities restated a “buy” rating and set a $15.00 price objective on shares of Webull in a research note on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Webull presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.50.

Get Our Latest Research Report on BULL

Webull Company Profile

(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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