Deep Fission, Inc. (NASDAQ:FISN - Get Free Report) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 876,278 shares, an increase of 111.0% from the July 30th total of 415,329 shares. Based on an average daily trading volume, of 250,265 shares, the days-to-cover ratio is presently 3.5 days. Approximately 1.5% of the shares of the stock are short sold.
Deep Fission Stock Performance
Deep Fission stock opened at $6.56 on Friday. Deep Fission has a 1 year low of $6.42 and a 1 year high of $19.00. The company's 50-day simple moving average is $9.61.
Deep Fission (NASDAQ:FISN - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported ($0.56) EPS for the quarter. On average, analysts forecast that Deep Fission will post -1.66 earnings per share for the current year.
Institutional Investors Weigh In On Deep Fission
Institutional investors have recently made changes to their positions in the stock. Blue Owl Capital Holdings LP acquired a new position in Deep Fission in the second quarter valued at about $14,720,000. Elevation Wealth Management LLC acquired a new position in shares of Deep Fission during the 2nd quarter worth about $3,294,000. Finally, Chapin Davis Inc. acquired a new position in shares of Deep Fission during the 2nd quarter worth about $210,000.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on FISN. Wall Street Zen downgraded shares of Deep Fission from a "hold" rating to a "sell" rating in a research report on Sunday, August 23rd. Canaccord Genuity Group assumed coverage on shares of Deep Fission in a research note on Wednesday, July 15th. They issued a "buy" rating and a $18.00 target price for the company. UBS Group set a $18.00 target price on shares of Deep Fission in a research report on Wednesday, July 15th. Seaport Research Partners initiated coverage on shares of Deep Fission in a research note on Tuesday, August 4th. They set a "buy" rating and a $25.00 price target on the stock. Finally, Benchmark assumed coverage on shares of Deep Fission in a report on Monday, July 13th. They issued a "buy" rating and a $20.00 price target for the company. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Deep Fission has a consensus rating of "Moderate Buy" and a consensus price target of $18.67.
Get Our Latest Analysis on Deep Fission
Deep Fission Company Profile
(
Get Free Report)
Deep Fission Inc develops and deploys small modular nuclear reactors placed deep underground to generate electricity. Deep Fission Inc is based in Berkeley, California.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Deep Fission, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deep Fission wasn't on the list.
While Deep Fission currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
A strong long-term portfolio starts with companies that can survive recessions, inflation, changing consumer habits, and shifting market leadership.
This report names seven blue-chip stocks across technology, retail, consumer staples, healthcare, networking, sporting goods, and utilities that offer investors a mix of stability, income, growth, and staying power.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
