Rain Enhancement Technologies Holdco, Inc. (NASDAQ:RAIN) Sees Significant Drop in Short Interest

Posted by Brenda Bartman on May 16th, 2026

Rain Enhancement Technologies Holdco, Inc. (NASDAQ:RAIN – Get Free Report) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 6,671 shares, a decrease of 45.1% from the April 15th total of 12,159 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 9,382 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Knott David M Jr acquired a new position in Rain Enhancement Technologies Holdco during the 1st quarter valued at about $258,000. Harraden Circle Investments LLC acquired a new stake in Rain Enhancement Technologies Holdco in the third quarter worth about $332,000. Geode Capital Management LLC grew its stake in shares of Rain Enhancement Technologies Holdco by 29.2% during the fourth quarter. Geode Capital Management LLC now owns 21,682 shares of the company’s stock worth $127,000 after acquiring an additional 4,896 shares during the last quarter. Quarry LP acquired a new position in shares of Rain Enhancement Technologies Holdco during the fourth quarter valued at about $88,000. Finally, Clear Street Group Inc. acquired a new position in shares of Rain Enhancement Technologies Holdco during the third quarter valued at about $53,000. 25.79% of the stock is owned by institutional investors and hedge funds.

Rain Enhancement Technologies Holdco Stock Performance

NASDAQ:RAIN traded up $0.01 during midday trading on Friday, reaching $1.74. 22,957 shares of the stock traded hands, compared to its average volume of 21,068. The stock has a market capitalization of $14.25 million, a PE ratio of -1.44 and a beta of -0.30. Rain Enhancement Technologies Holdco has a 12-month low of $1.26 and a 12-month high of $8.52. The business has a 50-day moving average of $2.50 and a two-hundred day moving average of $3.78.

Rain Enhancement Technologies Holdco (NASDAQ:RAIN – Get Free Report) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.24) earnings per share (EPS) for the quarter. The firm had revenue of $0.01 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of Rain Enhancement Technologies Holdco from a “sell (e+)” rating to a “sell (e)” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Rain Enhancement Technologies Holdco has a consensus rating of “Sell”.

View Our Latest Research Report on Rain Enhancement Technologies Holdco