DevvStream Corp. (NASDAQ:DEVS) Short Interest Down 75.4% in April

Posted by Francis Steltz on May 13th, 2026

DevvStream Corp. (NASDAQ:DEVS – Get Free Report) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 138,889 shares, a drop of 75.4% from the April 15th total of 564,532 shares. Based on an average daily trading volume, of 425,748 shares, the days-to-cover ratio is presently 0.3 days. Approximately 2.7% of the shares of the stock are short sold.

Hedge Funds Weigh In On DevvStream

An institutional investor recently bought a new position in DevvStream stock. DRW Securities LLC bought a new position in shares of DevvStream Corp. (NASDAQ:DEVS – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 68,746 shares of the company’s stock, valued at approximately $94,000. DRW Securities LLC owned 1.79% of DevvStream at the end of the most recent quarter. Hedge funds and other institutional investors own 75.79% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of DevvStream in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Read Our Latest Research Report on DevvStream

DevvStream Stock Down 5.5%

DEVS stock traded down $0.01 during midday trading on Wednesday, reaching $0.16. The stock had a trading volume of 866,372 shares, compared to its average volume of 9,298,591. The business has a fifty day simple moving average of $0.57 and a two-hundred day simple moving average of $1.09. The firm has a market cap of $842,118.00, a price-to-earnings ratio of -0.10 and a beta of 0.32. DevvStream has a twelve month low of $0.14 and a twelve month high of $10.60.

DevvStream (NASDAQ:DEVS – Get Free Report) last announced its quarterly earnings data on Friday, March 13th. The company reported ($0.80) EPS for the quarter. The company had revenue of $0.01 million during the quarter.

DevvStream Company Profile

(Get Free Report)

DevvStream Holdings Inc is a carbon credit project co-development and generation firm specializing in technology-based solutions. DevvStream Holdings Inc, formerly known as Focus Impact Acquisition Corp., is based in NEW YORK.