Solidion Technology Inc. (NASDAQ:STI) Sees Large Drop in Short Interest

Posted by Brian Himes on Jul 31st, 2026

Solidion Technology Inc. (NASDAQ:STI – Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 240,948 shares, a decline of 45.3% from the June 30th total of 440,860 shares. Approximately 3.1% of the shares of the company are short sold. Based on an average daily trading volume, of 210,511 shares, the days-to-cover ratio is presently 1.1 days.

Solidion Technology Price Performance

Shares of NASDAQ STI opened at $6.18 on Friday. The stock has a market capitalization of $47.87 million, a price-to-earnings ratio of -0.50 and a beta of -0.09. Solidion Technology has a 12 month low of $2.94 and a 12 month high of $46.00. The firm’s 50 day simple moving average is $11.38 and its 200-day simple moving average is $7.76.

Solidion Technology (NASDAQ:STI – Get Free Report) last posted its earnings results on Wednesday, May 20th. The company reported ($0.18) earnings per share (EPS) for the quarter. The company had revenue of $0.09 million for the quarter.

Analyst Upgrades and Downgrades

STI has been the topic of several research analyst reports. Wall Street Zen downgraded Solidion Technology from a “hold” rating to a “sell” rating in a research note on Saturday, June 27th. Weiss Ratings downgraded Solidion Technology from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, June 23rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

View Our Latest Research Report on STI

Insider Activity

In related news, major shareholder Henry Ikezi sold 205,937 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $37.80, for a total value of $7,784,418.60. Following the completion of the transaction, the insider owned 23,600 shares in the company, valued at $892,080. This trade represents a 89.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Over the last 90 days, insiders acquired 26,000 shares of company stock valued at $644,010. 0.42% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Solidion Technology

Institutional investors have recently modified their holdings of the business. Russell Investments Group Ltd. purchased a new position in shares of Solidion Technology in the 2nd quarter valued at about $34,000. Jane Street Group LLC purchased a new position in Solidion Technology during the second quarter worth approximately $49,000. Geode Capital Management LLC boosted its position in Solidion Technology by 68.9% during the fourth quarter. Geode Capital Management LLC now owns 22,963 shares of the company’s stock worth $163,000 after purchasing an additional 9,370 shares in the last quarter. Finally, Anson Funds Management LP purchased a new position in Solidion Technology during the fourth quarter worth approximately $1,704,000.

About Solidion Technology

(Get Free Report)

Solidion Technology Inc engages in the development and supply of battery materials, components, cells, and selected module/pack technologies. Its products include advanced anode materials; three classes of solid-state batteries, including silicon-rich all-solid-state lithium-ion cells; anode less lithium metal cells; and lithium-sulfur cells. The company was formerly known as Honeycomb Battery Company and changed its name to Solidion Technology Inc in February 2024. The company was incorporated in 2014 and is based in Dayton, Ohio.