Fold Holdings, Inc. (NASDAQ:FLD) Short Interest Update

Fold Holdings, Inc. (NASDAQ:FLD) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 462,593 shares, a growth of 41.2% from the January 15th total of 327,688 shares. Based on an average trading volume of 136,147 shares, the days-to-cover ratio is currently 3.4 days. Currently, 2.9% of the shares of the stock are short sold. Currently, 2.9% of the shares of the stock are short sold. Based on an average trading volume of 136,147 shares, the days-to-cover ratio is currently 3.4 days.

Analysts Set New Price Targets

Several research firms have issued reports on FLD. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fold in a research note on Thursday, January 22nd. Wall Street Zen upgraded shares of Fold from a “sell” rating to a “hold” rating in a research report on Sunday, November 30th. Finally, HC Wainwright reiterated a “buy” rating and issued a $7.00 price target on shares of Fold in a report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $7.83.

Fold Price Performance

FLD stock remained flat at $1.50 on Monday. 132,094 shares of the company traded hands, compared to its average volume of 151,363. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.47 and a quick ratio of 1.44. The firm has a market cap of $72.47 million, a PE ratio of -2.00 and a beta of 0.19. Fold has a 1 year low of $1.44 and a 1 year high of $14.00. The company has a fifty day simple moving average of $2.37 and a two-hundred day simple moving average of $3.16.

Institutional Investors Weigh In On Fold

Institutional investors have recently added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new stake in Fold during the second quarter worth about $25,000. North Capital Inc. purchased a new position in Fold in the second quarter valued at approximately $30,000. FNY Investment Advisers LLC acquired a new position in Fold during the second quarter valued at approximately $29,000. SevenBridge Financial Group LLC acquired a new stake in shares of Fold in the third quarter worth $39,000. Finally, Aptus Capital Advisors LLC acquired a new stake in shares of Fold in the third quarter worth $39,000. Hedge funds and other institutional investors own 56.89% of the company’s stock.

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.