Short Interest in Deep Fission, Inc. (NASDAQ:FISN) Drops By 34.5%

Deep Fission, Inc. (NASDAQ:FISNGet Free Report) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 539,496 shares, a decrease of 34.5% from the June 30th total of 823,230 shares. Based on an average daily volume of 209,756 shares, the days-to-cover ratio is currently 2.6 days. Currently, 0.9% of the company’s shares are short sold.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Canaccord Genuity Group started coverage on shares of Deep Fission in a research note on Wednesday, July 15th. They set a “buy” rating and a $18.00 target price for the company. Benchmark assumed coverage on shares of Deep Fission in a research report on Monday, July 13th. They set a “buy” rating and a $20.00 price target on the stock. Wall Street Zen downgraded Deep Fission from a “hold” rating to a “sell” rating in a report on Monday, July 20th. Finally, UBS Group set a $18.00 price objective on Deep Fission in a research report on Wednesday, July 15th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $18.67.

View Our Latest Research Report on Deep Fission

Deep Fission Stock Up 1.9%

FISN traded up $0.18 during midday trading on Friday, hitting $9.80. The company had a trading volume of 8,472 shares, compared to its average volume of 326,079. Deep Fission has a 52 week low of $7.66 and a 52 week high of $19.00.

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