Liftoff Mobile, Inc. (NASDAQ:LFTO) Short Interest Up 49.3% in August

Posted by Brian Himes on Sep 3rd, 2026

Liftoff Mobile, Inc. (NASDAQ:LFTO – Get Free Report) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,430,843 shares, an increase of 49.3% from the July 30th total of 958,575 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 1,195,461 shares, the days-to-cover ratio is presently 1.2 days.

Wall Street Analyst Weigh In

LFTO has been the subject of several research analyst reports. Wolfe Research started coverage on shares of Liftoff Mobile in a report on Monday, June 29th. They issued a “peer perform” rating for the company. Jefferies Financial Group began coverage on shares of Liftoff Mobile in a research report on Monday, June 29th. They issued a “buy” rating and a $34.00 price objective on the stock. Wells Fargo & Company upped their target price on shares of Liftoff Mobile from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. UBS Group increased their target price on Liftoff Mobile from $38.00 to $39.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Finally, Royal Bank Of Canada initiated coverage on Liftoff Mobile in a research note on Monday, June 29th. They issued an “outperform” rating and a $35.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $35.85.

Read Our Latest Research Report on LFTO

Liftoff Mobile Stock Performance

NASDAQ:LFTO opened at $18.70 on Thursday. The firm has a 50-day moving average of $22.42. Liftoff Mobile has a 52-week low of $17.90 and a 52-week high of $30.10.

Liftoff Mobile (NASDAQ:LFTO – Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.52) by $0.49. The firm had revenue of $219.51 million during the quarter. On average, analysts anticipate that Liftoff Mobile will post 0.7 earnings per share for the current year.

Insider Buying and Selling at Liftoff Mobile

In other Liftoff Mobile news, Director Atlantic Genpar L.P. General acquired 1,304,347 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was acquired at an average cost of $23.00 per share, for a total transaction of $29,999,981.00. Following the transaction, the director owned 25,315,646 shares of the company’s stock, valued at $582,259,858. This trade represents a 5.43% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Institutional Investors Weigh In On Liftoff Mobile

Several hedge funds have recently bought and sold shares of LFTO. WT Asset Management Ltd acquired a new position in Liftoff Mobile during the second quarter worth approximately $480,000. Legal & General Group Plc acquired a new stake in shares of Liftoff Mobile in the second quarter valued at approximately $486,000. Bank of America Corp DE bought a new position in shares of Liftoff Mobile during the 2nd quarter worth approximately $1,282,000. Readystate Asset Management LP acquired a new position in shares of Liftoff Mobile during the 2nd quarter worth approximately $1,677,000. Finally, Wellington Management Group LLP acquired a new position in shares of Liftoff Mobile during the 2nd quarter worth approximately $4,433,000.