Everbright Digital Holding Limited (NASDAQ:EDHL) Sees Significant Decline in Short Interest

Posted by Geri Gentry on May 20th, 2026

Everbright Digital Holding Limited (NASDAQ:EDHL – Get Free Report) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 7,249 shares, a decline of 34.4% from the April 15th total of 11,051 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 15,842 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Everbright Digital

A hedge fund recently bought a new stake in Everbright Digital stock. Vanguard Personalized Indexing Management LLC acquired a new stake in Everbright Digital Holding Limited (NASDAQ:EDHL – Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 67,397 shares of the company’s stock, valued at approximately $46,000. Vanguard Personalized Indexing Management LLC owned approximately 0.25% of Everbright Digital at the end of the most recent reporting period.

Everbright Digital Stock Performance

EDHL opened at $2.32 on Wednesday. The business has a fifty day simple moving average of $2.85 and a 200 day simple moving average of $6.16. Everbright Digital has a 1 year low of $2.00 and a 1 year high of $110.08.

Everbright Digital (NASDAQ:EDHL – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported ($0.44) earnings per share for the quarter. The business had revenue of $0.58 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Everbright Digital in a research note on Thursday, April 2nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Read Our Latest Stock Report on Everbright Digital

About Everbright Digital

(Get Free Report)

Everbright Digital Holdings Co, Ltd. is a Cayman Islands holding company that, through its subsidiaries, delivers digital operation services and interactive solutions to cultural tourism, sports and small and medium-sized enterprises in the People’s Republic of China. The company specializes in digital marketing, content distribution and technology-driven platforms designed to enhance customer engagement and streamline operational workflows. Its portfolio includes digital interactive applications, intelligent library systems and tools for digital event management.

Since its founding in 2018, Everbright Digital has partnered with government agencies, cultural venues and commercial enterprises across more than 20 provinces.