DevvStream Corp. (NASDAQ:DEVS) Sees Significant Drop in Short Interest

Posted by Geri Gentry on Mar 15th, 2026

DevvStream Corp. (NASDAQ:DEVS – Get Free Report) saw a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 55,169 shares, a drop of 30.1% from the February 12th total of 78,919 shares. Approximately 1.5% of the company’s shares are short sold. Based on an average daily volume of 53,915 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 53,915 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.5% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of DevvStream in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Read Our Latest Stock Analysis on DEVS

DevvStream Trading Up 8.8%

Shares of NASDAQ:DEVS traded up $0.07 during mid-day trading on Friday, reaching $0.90. The stock had a trading volume of 38,746,102 shares, compared to its average volume of 42,709. The firm has a 50 day simple moving average of $1.01 and a two-hundred day simple moving average of $1.65. DevvStream has a twelve month low of $0.74 and a twelve month high of $13.50. The firm has a market cap of $3.48 million, a PE ratio of -0.34 and a beta of 0.58.

DevvStream (NASDAQ:DEVS – Get Free Report) last issued its earnings results on Friday, March 13th. The company reported ($0.80) EPS for the quarter. The business had revenue of $0.01 million for the quarter.

Institutional Trading of DevvStream

A hedge fund recently bought a new stake in DevvStream stock. DRW Securities LLC bought a new position in shares of DevvStream Corp. (NASDAQ:DEVS – Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 68,746 shares of the company’s stock, valued at approximately $94,000. DRW Securities LLC owned approximately 1.79% of DevvStream at the end of the most recent quarter. Institutional investors own 75.79% of the company’s stock.

About DevvStream

(Get Free Report)

DevvStream Holdings Inc is a carbon credit project co-development and generation firm specializing in technology-based solutions. DevvStream Holdings Inc, formerly known as Focus Impact Acquisition Corp., is based in NEW YORK.