FreeCast (Direct Listing) (NASDAQ:CAST) Sees Large Increase in Short Interest

Posted by Tyrone Williams on May 15th, 2026

FreeCast (Direct Listing) (NASDAQ:CAST – Get Free Report) saw a significant increase in short interest in 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. Based on an average daily volume of 2,227,533 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.3% of the company’s shares are short sold.

FreeCast (Direct Listing) Stock Up 31.0%

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

FreeCast (Direct Listing) (NASDAQ:CAST – Get Free Report) last announced its 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.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on CAST shares. Maxim Group began coverage on FreeCast (Direct Listing) in a report on Friday, April 24th. They issued a “buy” rating and a $6.00 target price for the company. Wall Street Zen downgraded FreeCast (Direct Listing) from a “hold” rating to a “sell” rating in a report on Saturday, April 4th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, FreeCast (Direct Listing) presently has an average rating of “Buy” and a consensus target price of $6.00.

Check Out Our Latest Analysis on FreeCast (Direct Listing)

About FreeCast (Direct Listing)

(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.