Short Interest in NCS Multistage Holdings, Inc. (NASDAQ:NCSM) Declines By 39.0%

Posted by on Sep 2nd, 2026

NCS Multistage Holdings, Inc. (NASDAQ:NCSM – Get Free Report) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 39,957 shares, a drop of 39.0% from the July 30th total of 65,493 shares. Currently, 1.7% of the shares of the stock are short sold. Based on an average daily volume of 6,205 shares, the days-to-cover ratio is presently 6.4 days.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on NCSM shares. Weiss Ratings reissued a “hold (c)” rating on shares of NCS Multistage in a report on Friday, August 21st. Zacks Research raised shares of NCS Multistage from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 1st. Finally, Wall Street Zen upgraded shares of NCS Multistage to a “hold” rating in a research report on Saturday, July 18th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, NCS Multistage has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Report on NCSM

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Truffle Hound Capital LLC purchased a new stake in shares of NCS Multistage during the fourth quarter valued at approximately $1,462,000. Bridgeway Capital Management LLC boosted its stake in shares of NCS Multistage by 3.6% in the fourth quarter. Bridgeway Capital Management LLC now owns 29,853 shares of the company’s stock valued at $1,179,000 after purchasing an additional 1,042 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of NCS Multistage by 14.0% in the first quarter. Dimensional Fund Advisors LP now owns 23,993 shares of the company’s stock valued at $1,484,000 after purchasing an additional 2,949 shares during the period. UBS Group AG grew its holdings in NCS Multistage by 9,535.4% during the 3rd quarter. UBS Group AG now owns 23,703 shares of the company’s stock valued at $1,210,000 after purchasing an additional 23,457 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in NCS Multistage by 7.3% during the 1st quarter. Empowered Funds LLC now owns 21,489 shares of the company’s stock valued at $752,000 after purchasing an additional 1,455 shares in the last quarter. 70.91% of the stock is owned by hedge funds and other institutional investors.

NCS Multistage Stock Performance

Shares of NASDAQ:NCSM remained flat at $53.35 during trading on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.65 and a current ratio of 4.27. The stock has a market capitalization of $140.04 million, a P/E ratio of 10.98 and a beta of 0.17. The business has a 50-day simple moving average of $47.09 and a 200-day simple moving average of $52.16. NCS Multistage has a one year low of $34.06 and a one year high of $87.36.

NCS Multistage (NASDAQ:NCSM – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported ($1.71) EPS for the quarter, missing the consensus estimate of ($0.88) by ($0.83). The firm had revenue of $38.36 million during the quarter, compared to analysts’ expectations of $37.60 million. NCS Multistage had a return on equity of 2.40% and a net margin of 7.61%.

NCS Multistage Company Profile

(Get Free Report)

NCS Multistage Holdings, Inc is an oilfield services company that designs, engineers and manufactures downhole completion systems for use in hydraulic fracturing operations across North America. Specializing in multi‐stage stimulation technologies, the company’s product portfolio includes composite frac plugs, open‐hole frac systems and mechanical isolation tools that enable producers to optimize well performance in unconventional reservoirs. Its tools are employed in plug-and-perf operations, horizontal completions and re-entry applications, providing zonal isolation and pressure integrity throughout the fracturing process.

In addition to its core frac plug offerings, NCS Multistage provides a range of complementary services including on-site rig support, tool installation supervision and pressure testing.

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