Short Interest in Giftify, Inc. (NASDAQ:GIFT) Drops By 54.9%

Posted by Stanley Muller on Jun 13th, 2026

Giftify, Inc. (NASDAQ:GIFT – Get Free Report) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 17,297 shares, a drop of 54.9% from the May 14th total of 38,384 shares. Based on an average daily volume of 60,002 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Elevation Point Wealth Partners LLC bought a new position in Giftify in the 1st quarter valued at $100,000. Henrickson Nauta Wealth Advisors Inc. bought a new position in Giftify in the 1st quarter valued at $142,000. Susquehanna International Group LLP boosted its position in Giftify by 62.1% in the 3rd quarter. Susquehanna International Group LLP now owns 45,007 shares of the company’s stock valued at $48,000 after buying an additional 17,234 shares during the last quarter. Finally, Blair William & Co. IL boosted its position in Giftify by 280.0% in the 3rd quarter. Blair William & Co. IL now owns 95,000 shares of the company’s stock valued at $101,000 after buying an additional 70,000 shares during the last quarter.

Giftify Stock Performance

GIFT stock traded up $0.03 during midday trading on Friday, reaching $0.92. 56,434 shares of the company’s stock traded hands, compared to its average volume of 157,634. The company has a 50-day simple moving average of $1.00 and a two-hundred day simple moving average of $1.01. Giftify has a 1-year low of $0.74 and a 1-year high of $1.65. The company has a current ratio of 1.00, a quick ratio of 0.60 and a debt-to-equity ratio of 0.03.

Giftify (NASDAQ:GIFT – Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported ($0.08) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.08). Giftify had a negative return on equity of 45.87% and a negative net margin of 12.06%.The firm had revenue of $21.36 million during the quarter, compared to analysts’ expectations of $20.55 million.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Giftify in a report on Wednesday, April 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

View Our Latest Research Report on Giftify

Giftify Company Profile

(Get Free Report)

Giftify, Inc (NASDAQ: GIFT) is a US-based technology company specializing in digital gift solutions for businesses across retail, hospitality and corporate sectors. The company’s cloud-based platform enables brands and organizations to create, distribute and redeem e-gift cards and e-vouchers through multiple channels, including email, SMS and API integrations. By offering a turnkey solution for branded gifting campaigns, Giftify helps clients drive consumer acquisition, retention and incremental revenue.

Central to Giftify’s offering is a suite of management tools that enable real-time tracking of gift card inventory, performance analytics and customer engagement metrics.