FreeCast (Direct Listing) (NASDAQ:CAST) Sees Significant Growth in Short Interest

Posted by Sarita Garza on May 16th, 2026

FreeCast (Direct Listing) (NASDAQ:CAST – Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 137,660 shares, an increase of 181.6% from the April 15th total of 48,888 shares. Based on an average daily volume of 2,227,533 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.3% of the shares of the stock are short sold.

FreeCast (Direct Listing) Stock Performance

Shares of NASDAQ CAST traded down $0.42 during midday trading on Friday, hitting $1.44. The stock had a trading volume of 166,889 shares, compared to its average volume of 668,063. The stock has a 50-day simple moving average of $3.17. FreeCast has a fifty-two week low of $1.36 and a fifty-two week high of $33.00.

FreeCast (Direct Listing) (NASDAQ:CAST – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported ($0.11) EPS for the quarter. The firm had revenue of $0.09 million during the quarter.

Analyst Ratings Changes

Several brokerages have issued reports on CAST. Maxim Group began coverage on FreeCast (Direct Listing) in a research report on Friday, April 24th. They issued a “buy” rating and a $6.00 price objective for the company. Wall Street Zen cut FreeCast (Direct Listing) from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, FreeCast (Direct Listing) presently has an average rating of “Buy” and an average target price of $6.00.

View Our Latest Research Report on CAST

FreeCast (Direct Listing) Company Profile

(Get Free Report)

FreeCast, Inc is a digital media and streaming-technology company that operates a platform for aggregated video content and content discovery. The company focuses on enabling consumers to find and access free, ad-supported and subscription video across connected TVs, mobile devices and the web through a unified interface. FreeCast’s offering is positioned to address fragmentation in the streaming ecosystem by simplifying discovery and centralizing access to disparate streaming sources.

Its core activities center on content aggregation, distribution and monetization tools for both end users and business partners.