Webull Corporation (NASDAQ:BULL) Short Interest Up 60.3% in December

Webull Corporation (NASDAQ:BULL) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 19,175,701 shares, an increase of 60.3% from the December 15th total of 11,961,676 shares. Currently, 5.9% of the company’s stock are short sold. Based on an average daily volume of 15,738,716 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 15,738,716 shares, the days-to-cover ratio is presently 1.2 days. Currently, 5.9% of the company’s stock are short sold.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Rosenblatt Securities dropped their target price on shares of Webull from $19.00 to $15.00 and set a “buy” rating on the stock in a report on Friday, November 21st. Weiss Ratings reissued a “sell (d-)” rating on shares of Webull in a research note on Monday, December 29th. Wall Street Zen raised shares of Webull from a “strong sell” rating to a “hold” rating in a research note on Sunday, November 23rd. Finally, Zacks Research raised Webull from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $16.50.

Institutional Investors Weigh In On Webull

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sequoia Financial Advisors LLC bought a new position in Webull in the 2nd quarter valued at approximately $120,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Webull in the second quarter worth $439,000. Marathon Trading Investment Management LLC purchased a new position in shares of Webull in the second quarter worth $598,000. Geode Capital Management LLC bought a new position in shares of Webull during the second quarter valued at $3,810,000. Finally, Warberg Asset Management LLC purchased a new stake in shares of Webull during the second quarter valued at $359,000. Institutional investors own 92.48% of the company’s stock.

Webull Stock Performance

Shares of BULL stock opened at $8.16 on Friday. The company has a market capitalization of $4.09 billion, a price-to-earnings ratio of -7.29 and a beta of -0.10. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.40 and a current ratio of 1.40. Webull has a one year low of $7.57 and a one year high of $79.56. The company’s 50-day moving average is $8.73 and its 200 day moving average is $11.81.

About Webull

Webull Financial LLC is a commission-free online brokerage platform that provides individual investors with access to U.S. equities, exchange-traded funds (ETFs), options, and cryptocurrencies. Through its mobile and desktop applications, the company offers real-time market data, advanced charting tools, customizable watchlists, and streamlined order execution. Webull’s platform is designed to support both self-directed traders and investors seeking an intuitive interface coupled with professional-grade analytics.

In addition to its core trading services, Webull delivers educational resources and research tools to help users make informed decisions.