XCF Global Capital, Inc. (NASDAQ:SAFX) Short Interest Update

XCF Global Capital, Inc. (NASDAQ:SAFX) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 5,512,125 shares, a drop of 35.9% from the June 30th total of 8,597,102 shares. Approximately 1.7% of the company’s shares are short sold. Based on an average daily volume of 3,582,368 shares, the short-interest ratio is currently 1.5 days.

XCF Global Capital Price Performance

XCF Global Capital stock opened at $0.36 on Friday. The stock has a market cap of $119.82 million, a price-to-earnings ratio of -0.53 and a beta of -0.32. XCF Global Capital has a 1-year low of $0.12 and a 1-year high of $1.55. The stock has a 50-day moving average price of $0.43.

XCF Global Capital (NASDAQ:SAFX) last announced its earnings results on Friday, May 15th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The business had revenue of $0.35 million for the quarter. XCF Global Capital had a net margin of 300.85% and a negative return on equity of 588.22%. On average, equities analysts predict that XCF Global Capital will post -0.16 EPS for the current year.

Insider Activity

In other news, major shareholder Randy Soule sold 5,000,000 shares of XCF Global Capital stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $0.41, for a total value of $2,050,000.00. Following the completion of the transaction, the insider owned 72,383,239 shares in the company, valued at approximately $29,677,127.99. The trade was a 6.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.12% of the stock is owned by insiders.

Hedge Funds Weigh In On XCF Global Capital

A number of large investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. grew its position in XCF Global Capital by 379.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 120,789 shares of the company’s stock valued at $33,000 after acquiring an additional 95,596 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of XCF Global Capital during the fourth quarter worth $42,000. Deutsche Bank AG lifted its position in shares of XCF Global Capital by 315.7% during the fourth quarter. Deutsche Bank AG now owns 199,524 shares of the company’s stock worth $54,000 after purchasing an additional 151,529 shares during the last quarter. J. Derek Lewis & Associates Inc. purchased a new stake in shares of XCF Global Capital during the fourth quarter valued at $64,000. Finally, Simplify Asset Management Inc. purchased a new stake in shares of XCF Global Capital during the first quarter valued at $69,000. Hedge funds and other institutional investors own 52.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on SAFX. Wall Street Zen upgraded XCF Global Capital from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. HC Wainwright began coverage on shares of XCF Global Capital in a research note on Tuesday, June 23rd. They set a “buy” rating and a $1.00 price objective for the company. Weiss Ratings upgraded shares of XCF Global Capital from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 8th. Finally, Roth Capital reiterated a “neutral” rating on shares of XCF Global Capital in a research report on Monday, April 13th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, XCF Global Capital currently has an average rating of “Hold” and a consensus price target of $0.70.

About XCF Global Capital

XCF Global Capital Inc is a player in decarbonizing the aviation industry through Sustainable Aviation Fuel. XCF Global Capital Inc, formerly known as Focus Impact BH3 Acquisition Company, is based in RENO, NV.