Short Interest in Fold Holdings, Inc. (NASDAQ:FLD) Rises By 356.3%

Fold Holdings, Inc. (NASDAQ:FLD) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 2,173,812 shares, a growth of 356.3% from the May 31st total of 476,427 shares. Based on an average daily volume of 11,257,643 shares, the short-interest ratio is currently 0.2 days. Approximately 5.6% of the company’s stock are sold short.

Insider Buying and Selling at Fold

In other Fold news, Director Jonathan Kirkwood bought 105,000 shares of the stock in a transaction dated Friday, June 12th. The stock was purchased at an average cost of $0.61 per share, for a total transaction of $64,050.00. Following the completion of the acquisition, the director owned 457,295 shares of the company’s stock, valued at approximately $278,949.95. This trade represents a 29.80% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders have purchased 123,500 shares of company stock worth $84,890 and have sold 101,915 shares worth $121,481. Corporate insiders own 23.08% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Aptus Capital Advisors LLC bought a new stake in Fold in the 3rd quarter worth approximately $39,000. SevenBridge Financial Group LLC purchased a new position in shares of Fold in the 3rd quarter worth $39,000. Barclays PLC bought a new stake in shares of Fold in the fourth quarter worth $26,000. Goldman Sachs Group Inc. bought a new stake in shares of Fold in the fourth quarter worth $28,000. Finally, Squarepoint Ops LLC purchased a new stake in Fold during the third quarter valued at $46,000. Institutional investors own 56.89% of the company’s stock.

Fold Trading Up 5.7%

FLD traded up $0.03 during trading on Friday, hitting $0.49. 911,863 shares of the company’s stock traded hands, compared to its average volume of 6,748,092. The stock has a market capitalization of $25.09 million, a price-to-earnings ratio of -0.46 and a beta of 0.26. The company’s 50 day simple moving average is $1.05 and its two-hundred day simple moving average is $1.60. Fold has a 12-month low of $0.45 and a 12-month high of $4.73.

Fold (NASDAQ:FLD) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($0.59) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.43). The business had revenue of $5.59 million during the quarter, compared to the consensus estimate of $9.99 million. Fold had a negative return on equity of 90.99% and a negative net margin of 164.63%. On average, equities analysts expect that Fold will post -0.64 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on FLD shares. Cantor Fitzgerald reduced their price objective on Fold from $2.00 to $1.70 and set an “overweight” rating for the company in a research report on Wednesday, May 13th. Northland Securities set a $3.50 target price on Fold in a research note on Wednesday, May 13th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Fold in a research report on Monday, June 15th. Wall Street Zen upgraded shares of Fold from a “strong sell” rating to a “sell” rating in a research note on Saturday, April 18th. Finally, HC Wainwright decreased their target price on shares of Fold from $7.00 to $3.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $2.73.

Trending Headlines about Fold

Here are the key news stories impacting Fold this week:

• Positive Sentiment: New foldable-phone leaks and launch speculation around Samsung, Google, and Apple are keeping the foldable market in the spotlight, which may support sentiment for companies tied to the category. Phone Comparisons: Google Pixel 9 Pro Fold vs OPPO Find N5
• Positive Sentiment: Reports that Apple’s folding iPhone is progressing, with hinge issues reportedly improving, could reinforce investor enthusiasm for foldables as a growing product segment. Folding iPhone is reportedly on track with ‘most’ hinge issues resolved
• Neutral Sentiment: Multiple articles focused on rumored Galaxy Z Fold 8 design, colors, pricing, and launch timing, but these are speculative and do not directly change Fold Holdings’ fundamentals. Thinking of Buying the Samsung Galaxy Z Fold 8? Wait Until You See the Price
• Negative Sentiment: Short interest in Fold Holdings reportedly jumped sharply in June, signaling growing bearish bets that could weigh on the stock and increase volatility. Short interest report

About Fold

Fold, trading under the ticker FLD on the NASDAQ, is a financial technology company specializing in bitcoin rewards and cryptocurrency-based consumer products. The company’s core offering enables users to earn bitcoin on everyday purchases through a prepaid Visa debit card, converting traditional currency transactions into bitcoin rewards at no extra cost. By partnering with major payment networks and merchant platforms, Fold aims to bridge the gap between mainstream spending and digital asset adoption.

Beyond the debit card, Fold offers a mobile application that integrates with the Bitcoin Lightning Network to facilitate faster and more cost-efficient transactions.