CuriosityStream Inc. (NASDAQ:CURI) Sees Significant Drop in Short Interest

Key Points

• Short interest in CuriosityStream Inc. (NASDAQ:CURI) decreased by 22.1%, with a total of 1,660,000 shares sold short as of August 15th, representing around 4.3% of the company's shares.
• Several analysts have provided mixed ratings on the stock, with ratings ranging from a "strong buy" to a "hold", and a consensus price target of $6.17.
• CuriosityStream announced a quarterly dividend of $0.08 per share, resulting in an annualized dividend yield of 7.3%, despite a negative payout ratio of -355.56%.

CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) saw a large drop in short interest in the month of August. As of August 15th, there was short interest totaling 1,660,000 shares, a drop of 22.1% from the July 31st total of 2,130,000 shares. Based on an average trading volume of 765,900 shares, the short-interest ratio is currently 2.2 days. Currently, 4.3% of the shares of the company are short sold. Currently, 4.3% of the shares of the company are short sold. Based on an average trading volume of 765,900 shares, the short-interest ratio is currently 2.2 days.

CuriosityStream Trading Up 7.8%

CURI traded up $0.35 during trading on Friday, reaching $4.85. 826,803 shares of the company's stock were exchanged, compared to its average volume of 585,031. The firm has a fifty day moving average price of $4.47 and a two-hundred day moving average price of $4.22. CuriosityStream has a one year low of $1.47 and a one year high of $7.15. The stock has a market capitalization of $280.96 million, a PE ratio of -53.88 and a beta of 1.80.

CuriosityStream (NASDAQ:CURI - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.01 EPS for the quarter, meeting analysts' consensus estimates of $0.01. CuriosityStream had a negative net margin of 7.84% and a negative return on equity of 8.37%. The company had revenue of $19.01 million for the quarter, compared to analyst estimates of $16.75 million. CuriosityStream has set its Q3 2025 guidance at EPS. Sell-side analysts expect that CuriosityStream will post -0.2 earnings per share for the current year.

CuriosityStream Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Friday, September 5th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Friday, September 5th. CuriosityStream's dividend payout ratio is currently -355.56%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CURI. Craig Hallum began coverage on shares of CuriosityStream in a research report on Monday, August 18th. They issued a "buy" rating and a $7.00 target price for the company. Singular Research raised shares of CuriosityStream to a "strong-buy" rating in a report on Wednesday, August 20th. Needham & Company LLC lifted their price target on shares of CuriosityStream from $4.80 to $5.50 and gave the company a "buy" rating in a report on Wednesday, August 6th. Barrington Research reaffirmed an "outperform" rating and set a $6.00 price target on shares of CuriosityStream in a report on Wednesday, August 6th. Finally, Wall Street Zen lowered shares of CuriosityStream from a "buy" rating to a "hold" rating in a report on Saturday, August 30th. One analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $6.17.

Insider Activity

In other CuriosityStream news, Director Jonathan Huberman sold 50,000 shares of CuriosityStream stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $4.75, for a total value of $237,500.00. Following the completion of the sale, the director owned 1,233,576 shares in the company, valued at $5,859,486. The trade was a 3.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Phillip Brady Hayden sold 16,149 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $4.56, for a total transaction of $73,639.44. Following the completion of the transaction, the chief financial officer owned 38,325 shares of the company's stock, valued at $174,762. The trade was a 29.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,511,537 shares of company stock valued at $30,298,896 in the last ninety days. 52.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CuriosityStream

Institutional investors have recently modified their holdings of the company. Cubist Systematic Strategies LLC boosted its stake in shares of CuriosityStream by 65.3% in the 4th quarter. Cubist Systematic Strategies LLC now owns 27,130 shares of the company's stock valued at $42,000 after purchasing an additional 10,722 shares during the last quarter. CW Advisors LLC acquired a new position in shares of CuriosityStream during the 1st quarter valued at $377,000. OMERS ADMINISTRATION Corp acquired a new position in shares of CuriosityStream during the 1st quarter valued at $222,000. Informed Momentum Co LLC acquired a new position in shares of CuriosityStream during the 1st quarter valued at $788,000. Finally, Penn Mutual Asset Management acquired a new position in shares of CuriosityStream during the 1st quarter valued at $657,000. 6.79% of the stock is owned by institutional investors.

CuriosityStream Company Profile

CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video and audio programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via distributor's platform or system, as well as through bundled content licenses for SVoD and linear offerings, talks and courses, and partner bulk sales.