Short Interest in DevvStream Corp. (NASDAQ:DEVS) Rises By 87.9%

Posted by Dante Gardener on Jul 1st, 2026

DevvStream Corp. (NASDAQ:DEVS – Get Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 222,063 shares, a growth of 87.9% from the May 31st total of 118,176 shares. Based on an average daily volume of 41,920,416 shares, the short-interest ratio is currently 0.0 days. Currently, 0.7% of the shares of the company are short sold.

Hedge Funds Weigh In On DevvStream

A hedge fund recently bought a new position in DevvStream stock. DRW Securities LLC acquired a new stake in shares of DevvStream Corp. (NASDAQ:DEVS – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 68,746 shares of the company’s stock, valued at approximately $94,000. DRW Securities LLC owned about 1.79% of DevvStream at the end of the most recent reporting period. Hedge funds and other institutional investors own 75.79% of the company’s stock.

Analyst Ratings Changes

DEVS has been the subject of several analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of DevvStream in a research note on Monday, April 20th. Wall Street Zen raised shares of DevvStream to a “hold” rating in a research note on Saturday, June 6th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Check Out Our Latest Research Report on DevvStream

DevvStream Stock Performance

DEVS stock remained flat at $0.15 during midday trading on Wednesday. The company has a 50 day simple moving average of $0.26 and a 200-day simple moving average of $0.74. The stock has a market cap of $5.37 million, a P/E ratio of -0.10 and a beta of 0.36. DevvStream has a twelve month low of $0.11 and a twelve month high of $10.10.

DevvStream (NASDAQ:DEVS – Get Free Report) last announced its quarterly earnings results on Monday, June 15th. The company reported ($0.64) earnings per share (EPS) for the quarter. The business had revenue of $0.00 million for the quarter.

DevvStream Company Profile

(Get Free Report)

DevvStream Holdings Inc is a carbon credit project co-development and generation firm specializing in technology-based solutions. DevvStream Holdings Inc, formerly known as Focus Impact Acquisition Corp., is based in NEW YORK.