Coincheck Group N.V. (NASDAQ:CNCK) Sees Large Increase in Short Interest

Posted by on Aug 31st, 2026

Coincheck Group N.V. (NASDAQ:CNCK – Get Free Report) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 165,815 shares, a growth of 78.9% from the July 30th total of 92,684 shares. Based on an average daily volume of 258,281 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the shares of the stock are sold short.

Coincheck Group Price Performance

NASDAQ:CNCK traded up $0.05 during trading hours on Monday, reaching $2.16. 37,008 shares of the company were exchanged, compared to its average volume of 471,305. The firm has a market cap of $352.05 million, a price-to-earnings ratio of -36.00 and a beta of 0.46. The stock has a 50 day simple moving average of $2.30 and a 200 day simple moving average of $2.11. Coincheck Group has a 52-week low of $1.39 and a 52-week high of $9.31.

Coincheck Group (NASDAQ:CNCK – Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.04). The company had revenue of $717.43 million during the quarter, compared to analysts’ expectations of $693.43 million. Coincheck Group had a negative net margin of 0.30% and a negative return on equity of 7.94%. On average, analysts predict that Coincheck Group will post -0.11 EPS for the current fiscal year.

Institutional Trading of Coincheck Group

A number of institutional investors have recently added to or reduced their stakes in the business. Ghisallo Capital Management LLC raised its position in Coincheck Group by 23.5% in the fourth quarter. Ghisallo Capital Management LLC now owns 1,055,172 shares of the company’s stock valued at $2,659,000 after purchasing an additional 200,930 shares during the period. Kepos Capital LP purchased a new position in shares of Coincheck Group during the 4th quarter valued at approximately $661,000. Geode Capital Management LLC boosted its stake in shares of Coincheck Group by 570.9% during the 4th quarter. Geode Capital Management LLC now owns 265,451 shares of the company’s stock valued at $669,000 after buying an additional 225,882 shares during the last quarter. Millennium Management LLC lifted its position in shares of Coincheck Group by 25.1% during the third quarter. Millennium Management LLC now owns 78,238 shares of the company’s stock worth $362,000 after purchasing an additional 15,710 shares during the last quarter. Finally, Balyasny Asset Management L.P. lifted its position in shares of Coincheck Group by 120.0% during the second quarter. Balyasny Asset Management L.P. now owns 127,213 shares of the company’s stock worth $696,000 after purchasing an additional 69,377 shares during the last quarter. 33.22% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CNCK. Weiss Ratings reissued a “sell (e+)” rating on shares of Coincheck Group in a report on Wednesday, August 19th. Cantor Fitzgerald lowered their target price on Coincheck Group from $2.70 to $2.50 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. Finally, Zacks Research raised Coincheck Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $3.75.

Check Out Our Latest Analysis on Coincheck Group

About Coincheck Group

(Get Free Report)

Coincheck Group (NASDAQ:CNCK) is a digital asset platform specializing in cryptocurrency trading and blockchain-based financial services. Headquartered in Tokyo, Japan, Coincheck operates one of the country’s largest cryptocurrency exchanges, offering a suite of services for both retail and institutional clients. Its platform supports spot trading of major digital assets such as Bitcoin, Ethereum and a variety of altcoins, complemented by secure wallet solutions and a range of order types designed to meet diverse trading needs.

Originally established in 2012, Coincheck gained early prominence in Japan’s evolving digital currency market.

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