Expensify, Inc. (NASDAQ:EXFY) Short Interest Down 49.8% in July

Posted by Francis Steltz on Jul 30th, 2026

Expensify, Inc. (NASDAQ:EXFY – Get Free Report) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 749,354 shares, a decrease of 49.8% from the June 30th total of 1,491,932 shares. Based on an average daily trading volume, of 1,288,884 shares, the short-interest ratio is presently 0.6 days. Approximately 1.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Expensify from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $2.50.

Check Out Our Latest Research Report on EXFY

Insider Buying and Selling at Expensify

In related news, CEO David Michael Barrett sold 30,000 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $1.15, for a total transaction of $34,500.00. Following the sale, the chief executive officer owned 1,228,480 shares in the company, valued at $1,412,752. This represents a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 70,000 shares of company stock worth $78,200. 11.65% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Expensify

Hedge funds have recently made changes to their positions in the business. Millennium Management LLC grew its holdings in Expensify by 103.2% in the 1st quarter. Millennium Management LLC now owns 1,406,476 shares of the company’s stock worth $4,276,000 after buying an additional 714,244 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Expensify during the 1st quarter valued at $142,000. Geode Capital Management LLC raised its stake in Expensify by 134.2% during the 2nd quarter. Geode Capital Management LLC now owns 1,326,129 shares of the company’s stock valued at $3,435,000 after acquiring an additional 759,982 shares in the last quarter. American Century Companies Inc. boosted its position in Expensify by 22.0% during the 2nd quarter. American Century Companies Inc. now owns 121,441 shares of the company’s stock worth $315,000 after acquiring an additional 21,912 shares during the period. Finally, XTX Topco Ltd acquired a new position in Expensify during the 2nd quarter worth $157,000. Institutional investors own 68.42% of the company’s stock.

Expensify Stock Performance

Shares of EXFY traded up $0.09 during midday trading on Thursday, hitting $1.89. 357,816 shares of the stock traded hands, compared to its average volume of 999,389. The business’s 50 day moving average price is $1.52 and its two-hundred day moving average price is $1.24. The firm has a market capitalization of $158.87 million, a PE ratio of -8.20 and a beta of 1.68. Expensify has a 1-year low of $0.69 and a 1-year high of $2.14.

Expensify (NASDAQ:EXFY – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04). The firm had revenue of $33.97 million during the quarter, compared to analyst estimates of $34.25 million. Expensify had a negative return on equity of 15.26% and a negative net margin of 14.68%.

About Expensify

(Get Free Report)

Expensify, traded on NASDAQ under the ticker EXFY, is a software-as-a-service (SaaS) company specializing in automated expense management and reporting. Its flagship platform enables employees to capture receipts via mobile app or email, automatically extract expense details through optical character recognition (OCR) and artificial intelligence, and submit streamlined expense reports. The solution is designed to eliminate manual data entry and reduce approval cycle times, serving a broad range of industries from small businesses to large enterprises.

Founded in 2008 by entrepreneur David Barrett, Expensify has grown from a simple receipt-scanning app into a comprehensive spend management suite.