Deep Fission, Inc. (NASDAQ:FISN) Sees Significant Growth in Short Interest

Deep Fission, Inc. (NASDAQ:FISN) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 823,230 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average daily trading volume, of 830,169 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.4% of the company’s shares are short sold.

Deep Fission Stock Performance

Shares of FISN stock traded up $0.14 on Friday, reaching $10.65. 135,802 shares of the stock were exchanged, compared to its average volume of 430,042. Deep Fission has a 1-year low of $7.66 and a 1-year high of $19.00.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Benchmark initiated coverage on Deep Fission in a report on Monday. They issued a “buy” rating and a $20.00 price target for the company. UBS Group set a $18.00 price objective on shares of Deep Fission in a report on Wednesday. Wall Street Zen raised shares of Deep Fission to a “hold” rating in a research report on Sunday, July 12th. Finally, Canaccord Genuity Group began coverage on shares of Deep Fission in a report on Wednesday. They issued a “buy” rating and a $18.00 target price for the company. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Deep Fission currently has an average rating of “Buy” and a consensus price target of $18.67.