Brilliant Earth Group, Inc. (NASDAQ:BRLT) Stock Short Interest Drops 48.5%

Posted by George Bondi on Oct 16th, 2026

Brilliant Earth Group, Inc. (NASDAQ:BRLT – Get Free Report) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 53,535 shares, a decline of 48.5% from the September 15th total of 103,860 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 33,612 shares, the days-to-cover ratio is presently 1.6 days.

Brilliant Earth Group Stock Performance

Shares of BRLT traded down $0.06 during mid-day trading on Friday, hitting $1.40. 2,494 shares of the company were exchanged, compared to its average volume of 79,271. The company has a 50 day moving average of $1.37 and a 200-day moving average of $1.28. Brilliant Earth Group has a 1-year low of $1.00 and a 1-year high of $2.90. The stock has a market cap of $142.04 million, a price-to-earnings ratio of -4.81 and a beta of 1.42.

Brilliant Earth Group (NASDAQ:BRLT – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.03 EPS for the quarter. The firm had revenue of $115.11 million during the quarter, compared to analysts’ expectations of $111.39 million. Brilliant Earth Group had a negative return on equity of 15.48% and a negative net margin of 0.66%. Research analysts anticipate that Brilliant Earth Group will post 0.02 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Brilliant Earth Group from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, August 13th. Seven investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $1.74.

Get Our Latest Stock Analysis on BRLT

Insider Buying and Selling

In other news, Director Gavin Turner sold 50,000 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $1.29, for a total value of $64,500.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 83.20% of the company’s stock.

About Brilliant Earth Group

(Get Free Report)

Brilliant Earth Group, Inc is a digitally native, omnichannel fine jewelry company operating under the Brilliant Earth brand. The company sells engagement rings, wedding bands, fine jewelry, and other diamond and gemstone products through its website and a network of showrooms in the United States.

Its product offerings include jewelry featuring natural and lab-grown diamonds, colored gemstones, and precious metals. Brilliant Earth emphasizes customization and provides customers with options related to diamond sourcing, including information about origin and traceability.